Kabbage Questions & Answers

Ask a question

Here’s what consumers have asked with answers from Kabbage staff and previous consumers.

27 questions answered
11% answered in 1 day
Question:

Do you provide line of credit for lawyers?

Answer:

A Kabbage loan requires, one year or more in business with over $50,000 a year in revenue and any business can apply. I hope this answers your question and you can visit our website anytime and check out our Help Center for additional information. Kabbage Team

By Kabbage R., Customer Advocate
See more answers (2)
Question:

What is the apr and how long is the line of credit maturity

Answer:

Thanks for your question, John. Kabbage's loans are fundamentally different in structure from a traditional loan. Interest isn't charged on the loan balance, and a customer can pay a loan back early and save on future fees. That said, Kabbage's loans are for either 6 months or 12 months depending on qualifications. The maximum fee you would incur for a loan is a total of 28% of the amount borrowed. Bear in mind that you can save on fees by paying early as well. We encourage you to take a look at our "How it Works" page on our website for help understanding the fee structure (it's incredibly simple; we promise). If you have any questions not answered there, you can give us a call at 888-986-8263. Thanks for getting in touch!

By Kabbage R., Customer Advocate
See more answers (2)
Question:

Hello, can you get a lon for longer then a year in repayment ever?

Answer:

Thanks for your qurestion, Kelli. At this time, the longest-term loan Kabbage offers is 12 months. We're always looking for ways to improve what we offer, so in time that may be an options. If you have any more questions, give us a call at 888-986-8263 and we'll be glad to address them.

By Kabbage R., Customer Advocate
See more answers (2)
Question:

Does making an application create a hit on my personal credit. my business does over a million a year and i am going to refinance my personal mortgage and do not want a hit recorded on my personal credit. we have been in business 11 years.

Answer:

Hey, Robert. Applying for Kabbage does require a personal credit inquiry. Give us a call to see how we can work with you. Our number is (888) 986-8263. We look forward to helping you grow!

By Kabbage R., Customer Advocate
See more answers (2)
Question:

Yea when is someone going to email me back about my app.

Answer:

Thanks for reaching out to us, Maryann. Once its complete, an application will show you what next steps, if any, need to be taken. If additional documentation of any kind was required, you'll hear from us within 5 business days of receipt of the documents. We hope this helps!

By Kabbage R., Customer Advocate
See more answers (2)
Question:

I am about to pay off my kabbage loan. can or will kabbage offer a higher amount if needed again? thank you.

Answer:

It's based on them having access to your bank account through you online banking. You need to provide your institution and password so they have full access to your account. They are not trustworthy. Do not allow them access to that information.

By Matt H.
Question:

What kind of financing is available for a 95k loan, if you have great credit, but has only been in business for a year?

Answer:

Are you in financial need? We offer all kind. We offer the best at a low interest rate, search no further, Contact us now: email: EMAIL: chongieloans@aol.co.uk WEB SITE: www.chongieloans.webs.com Best Regards Chongie B. L. A Chongie Financing Plc.

By chongie l.
Question:

Do you have to be in business to get a loan? i am looking to start up a business and need a loan to purchase inventory and shipping materials.

Answer:

Are you in financial need? We offer all kind. We offer the best at a low interest rate, search no further, Contact us now: email: EMAIL: chongieloans@aol.co.uk WEB SITE: www.chongieloans.webs.com Best Regards Chongie B. L. A Chongie Financing Plc.

By chongie l.
Question:

What is the term of the loan? does it hurt you credit rating to find out what you can do? thank you michael

Answer:

No, they use your bank account statements to determine if you qualify.

By Bethany H.
Question:

How do i reapply? i was declined in 2015 but want to reapply.

Answer:

Don't! If you use PayPal, ask them about a PayPal capital loan. Also, check other companies online. You can easily Google

By Michael S.

Can’t see your question? Ask to get answers from the Kabbage staff and other customers.

Typical questions asked:
  • How long does shipping take?
  • What is the return policy?
  • Where is the company located?
Have a question about
Kabbage?
Post Review