For Spending ‘Kabbage’

by Mike Hunter

kabbage-mobileEntrepreneurship is on the rise, and Kabbage is stepping in where banks aren’t going. Kabbage is designed as a quick fix for companies that need money to buy inventory, ramp up personnel, purchase equipment and more. Forget the credit score; to assess creditworthiness, Kabbage’s computers analyze data such as transaction history, user feedback ratings, and even online game play and social-media participation to quickly determine how much cash it’s willing to offer and what to charge for the service.

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