Kabbage Launches Custom Loans for Small Business

Mobile Payments Today

“Kabbage Inc., a provider of cash-flow solutions to small business, announced the launch of a custom loans program for Kabbage Payments customers. The program allows small businesses to get anywhere from a three-day to 45-day loan that they may repay in full or allocate 100% of Kabbage Pay revenue toward the balance.  Custom loans have a one-time fee starting at  0.1% and pricing is adjusted dynamically, according to a company release.”