Our verdict
Kabbage from American Express offers a business line of credit for small businesses. It features a quick, doc-free application if you can link your business accounts. Each draw on your Kabbage Funding line of credit becomes a short-term installment loan. Instead of interest, these loans come with a flat monthly fee. While the cost decreased after American Express bought the online lender in 2020, Kabbage Funding has seen an uptick in negative reviews and fewer businesses can qualify. Its original servicer, K-Servicing, also filed for bankruptcy in October 2022 — though the bankruptcy doesn't affect new customers.Best for: Fair credit borrowers in need of a low-fee business line of credit.
- Lower fees than most competitors
- Only take out what you need when you need it
- No prepayment penalties or interest charges
- Monthly fee depends on draw amount
- Reviews cite poor customer service
- Previous servicer filed for bankruptcy
Kabbage small business loans is not currently available on Finder
Have you considered Lendio business loans?
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- Large network of 75+ lenders
- Quick & easy application
- May receive funding in as little as 24 hours
Min. Amount
$2,000
Max. Amount
$250,000
APR
N/A