Very easy to use
I needed to draw out some funds quickly and it was a simple process through the App on my phone.
Buyer beware!
Never again. My small business took out a small loan, paid it back in six months, never a day late. We are purchasing a building now and the SBA says we have a lien on our business! We are about to close, so this is a huge issue. Come to find out, Kabbage placed a lien just days after we opened the loan. They said they do that for all loans and then remove it when paid, but OOPS, they forgot to remove mine. I never would have known had it not been for a Search by the SBA! They don’t put their name on the lien, so it took some digging to get to the end of it. Like I have time for this! What a mistake that tiny loan was and also paid $1000 in interest for six months on only 10,000. What a major rip off!!!!!!
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Response from developer
Thanks for taking the time to leave us a review, and we want to apologize for your poor experience.
**Alternative Source of Funding**
This is what I call “thinking outside the box”. Owner and operator of a family owned landscaping company in Boston, Mass winters here can be brutal, being a seasonal company so we teamed up with Kabbage to give us piece of mind and its the #1 company I’ve ever worked with.
Not only offering money on a daily basis but wiring the funds either same day or next day based upon what you bring into your bank account. It’s a breath of fresh air to know you have a nest egg to sit on at your convenience.
Thank you.
Not only offering money on a daily basis but wiring the funds either same day or next day based upon what you bring into your bank account. It’s a breath of fresh air to know you have a nest egg to sit on at your convenience.
Thank you.
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Response from developer
Thanks for the wonderful review, Jazmine & Stevhan! We are proud to partner with you both and your business! Stay warm up there.
Not Great
The lines of credit are much smaller than you’d initially think. And if you’re thinking that over time they’ll increase your line of credit with good repayment that’s also a pipe dream. We paid off our line months early and in full then Kabbage decreased our line of credit more than seven times less than what it was initially. The income generated by the business didn’t change. No reason to do it and never tried to offer any good explanation. Couldn’t even talk to the person that made the decision to get an explanation.
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Credit line loans
So far I am very pleased with Kabbage. It’s easy to use the app and make payments also. My hope for the future is I can get the money even faster and maybe the rates will go down more. I would Love it if you had more promotions to take advantage of also. Thanks, Tony
Waste of time!
I open an account with kabbage and i couldn't add my paypal or ebay they told me someone else had my personal paypal account in their account (im a single person and only people living in my house are kids and they dont have my paypal/ebay password) so they told me they were gonna review this like 3-4 days ago and call me back well i never got that call and this morning i decide to call and they told me the closed my account and when i asked about my paypal they told me they didnt find another account with my paypal/ebay account .... then he told me i cant open an account anymore (no reason)
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Response from developer
Thanks for the feedback. We apologize you did not have a great experience with us we should have definitely followed through with communicating the full issue.
Great app great company
Great app for small business loans. Once you’ve been approved for your first loan, Kabbage makes it quick and convenient for subsequent loans to build your business. The app makes it even more convenient when that business opportunity presents itself on the go. Great company great app!
Straight forward lines of credit
I really can’t say enough good things about this business. Clear, transparent lines of credit that takes care of the thousands of things small Business owners have fall on their laps a day. Been a customer for over a year and I’m very happy !
Was there when I needed them
This is been the easiest way to take care of supplying my customers and waiting for their 30 day payments.
Number ONE in the industry
Chris is an outstanding account Rep. The company is relationship based and in the flow with your business needs at all times.
Highly recommend to my fellow small to medium size business colleagues.
Highly recommend to my fellow small to medium size business colleagues.
