Kabbage® From American Express Launches Kabbage Funding™ to Help Simplify Funding for U.S. Small Businesses

Kabbage from American Express today launched Kabbage Funding , offering eligible small businesses flexible lines of credit between $1,000 and $150,000—now with the powerful backing of American Express. With Kabbage Funding, small businesses can apply in minutes to access working capital 24/7 to help manage their company’s cash flow…Kabbage Funding is a business line of credit offered by American Express that approves customers by analyzing their business data in real-time, and adds to its new suite of products, including Kabbage Checking™ launched in June 2021. Building on its efforts, American Express has also begun offering Kabbage Payments™ to eligible existing customers, which will be more broadly available in 2022, and makes it simple for small businesses to accept card payments and get paid quickly.”