PayPal payments unit will expand its small business and consumer lending programs outside the US, including the UK and Australia as it aims to further fuel business growth.

eBay will rebrand its Bill Me Later consumer lending program to PayPal Credit and roll it out  to the UK and Germany later this year.

Its small business credit division, PayPal Working Capital, will also launch in the UK and Australia.

The expansion of the services is part of PayPal’s strategy to move from a business primarily reliant on eBay buyers and sellers to a financial institution. 

PayPal launched pilot program for PayPal Working Capital in September, and have since lent more than more than 20,000 businesses loans that total more than $150 million through its lending partner, WebBank.

“We feel really good about our ability to lend,” Gary Marino, PayPal’s senior vice president of global services, said.