Kabbage Online Lender Review

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Kabbage Online Lender Review

Published By Janet Gershen-Siegel at March 20, 2018

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Kabbage is one of several lending companies online. Kabbage provides small business funding in the form of loans and lines of credit. We look at the specifics and drill down into the details about Kabbage.


Kabbage is located online here: https://www.kabbage.com/. Their physical address is:

925B Peachtree Street NE

Suite 1688

Atlanta, GA 30309.

You can call them here: (888) 986-8263. You can email them at: [email protected]. Their contact page is here: https://www.kabbage.com/support/contact/. They have been in business since 2009, which is longer than most of the players in this space.

Kabbage is a venture funded company. They are backed by investors which include SoftBank Capital, Thomvest Ventures, Reverence Capital Partners, Mohr Davidow Ventures, the UPS Strategic Enterprise Fund, ING, BlueRun Ventures, Santander InnoVentures, Scotiabank, and TCW/Craton.

The company offers perks for its customers. These include specials from Dun & Bradstreet, UPS, Vonage, and Adobe Creative Cloud. See: https://www.kabbage.com/customer-perks/.

Loans and Lines of Credit

Up to $150,000 is available. You can qualify in 10 minutes. There are terms of 6 or 12 months. The 6 month loan minimum is $20,000; the 12 month loan minimum is $100,000. You have to be in business for more than one year. Your business revenue has to be $500,000 annually or $4200 per month over the last 3 months.

Kabbage links to your bank or merchant accounts to understand your cash flow and decide what amount you can afford to borrow. Their lines of credit range from $2,000 to $150,000. There are no fees to apply or establish your line – you pay fees only on what you take.


Fees at Kabbage range from 1.5 – 10%. The rates are based on business performance factors. You will be able to save money with early payments.


Advantages include fairly low fees. Kabbage perks are a nice touch not found with other online lenders.


Disadvantages include less term flexibility for smaller loans (loans under $10,000 can only be for a 6-month term). Plus their revenue requirement is rather high.


Companies which will do best with Kabbage are already somewhat successful. Most businesses would be able to take advantage of the perks which Kabbage offers. However, smaller companies which are less successful would do well to look elsewhere. In particular, for a company looking for a lower end line of credit would more likely be better served getting a microloan.

And finally, as with every other lending program, whether online or offline, remember to read the fine print and do the math. Go over the details with a fine-toothed comb, and decide whether this option will be good for you and your company. In addition, consider alternative financing options that go beyond lending, including building business credit, in order to best decide how to get the money you need to help your business grow.

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