About

Empowering #SmallBusiness owners to generate critical #CashFlow through @HelpSMBs. #HelpSMBs

Focus

PRODUCTS & SERVICES

Online Loans for Small Businesses: Kabbage offers a variety of loans up to $250,000 with types scaling from SBA and small-business credit cards, to online and peer-to-peer, to equipment & inventory, to payroll & professional loans. It is a quick and simple online process that helps small business to get funding for the growth of their business.

REVENUE MODEL

Kabbage charges (1.5% - 12%/month) fee on issued loans and additional monthly fees. Every month, the borrower pays back one-sixth of the total loan (for six-month loans) or one-twelfth of the total loan (for 12-month loans) apart from a monthly fee. They do not charge any early-payment fees.

MAIN CLIENTS

Companies from the banking and electronic payments industry.

EXISTING PARTNERSHIPS

Kabbage has partnered with business data source firms such as Authorize.Net

UPS

Sage

Stripe

Shopify

Esty

Bigcommerce

Volusion

Xero

and Liquidation.com. Kabbage also partnered with Mastercard and now extends services to Mastercard’s network of acquirers. Kabbage has partnered with Experian

which would leverage Kabbage’s automated lending platform to its institutional clients serving small businesses and consumers. Kabbage also partnered with Intuit to underwrite small businesses. Celtic Bank will finance all the loans that originate in the US on Kabbage's platform

Scotiabank.

COMMENT

It uses real-time data in the loan approval process instead of relying on credit history. Kabbage has used social media analytics to quantify a borrower's propensity to repay. Kabbage also recognizes fingerprint authentication and ties into instant mobile check deposit to deliver capital in a few minutes.