Kabbage Wants To Provide Loans to 100K Small Businesses This Year

April 2, 2013

New occupations have flourished on the web; among them, merchants on online marketplaces like Amazon and eBay.

But these new occupations are not supported by Main Street’s banks, and sellers are often deemed too risky for a loan.

To meet the demand, organizations like Atlanta, Georgia-based Kabbage are providing working capital to small business-owners so they won’t need to put personal assets on the line, like a house or car.

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