It was very quick to fill out the forms, and to get the funding.
I will definitely recommend Kabbage to other business owners.
Spoke with Josh, very helpful and quick response to my issue. Everyone has been extremely nice and helpful.
ZELENKA IS WONDERFUL and strived to assist me. She was more than courteous and appeared professional at all times. You should certainly seek to retain and promote.
Kabbage gave me a 6,500 loan to begin with and within a couple months they kept raising it all the way to 21,000 within 8 months. I bring in about 150,000 a year. Well my spending got out of hand and my payments were becomeing more than I could pay when all the sudden my sales dropped dramatically and I wasnt able to make my payments. Didnt know what to do so I didnt make payments for a few months. They called everyday 10 times a day. They started taking different amounts out of my checking account every week causing overdraft fees till I put a stop payment. I had every intention of paying Kabbage back but didnt have enough for the payments. I saw all the reviews about how the people were rude and wouldnt work with you and it scared me. Figured I would have to file bankruptsy but I finally emailed them and told them my issue and got ahold of someone and they worked with me on making smaller payments. I now am making $675 payments every month for 3 years. Although I am not able to spend anymore, they did work with me on making the payments instead of making a judgement and sending me to court and paying alot more in fees. Hope this helps someone that is in the same perdicament.
Ms. Lovelace was very professional, knowledgeable and direct. Great support! I would hope that all of your support was this professional
Pleased with the application and processing time. Got the answer within minutes and money transferred to bank the next day.
Hi Angelia! Thank you so much for the awesome review.:)
- The Kabbage Team
She offered such a great attitude and help so early in the morning. And she was very knowledgeable and helpful.
Hi Richard,
Thank you so much for taking the time to write this review!
- The Kabbage Team
Julie Coleman listened, actually listened to what I had to say and understood the business and seasonality of it.
Jared was fast to help and solved my situation above and beyond my expectations! Thank you so much, Jared!
Jared was very fast and helpful. He was very courteous and intelligent in his assessment of my needs.
Hi Samantha,
You are awesome- thank you so much for taking the time to review. We appreciate you!
- The Kabbage Team
I call to find out what I need to increase my line of credit and Jimena was prompt with the right answer and made me satisfied.
Paige Cooper was very helpful and followed through as promised in regards to my request. Great customer service!
Great company. Deal with honesty, integrity and friendly reps. There when you need them. Can't ask for more.
Hi Walter,
Thank you so much for your thoughts. We appreciate you!
- The Kabbage Team
Customer service rep was awesome. Knowledge able. Easy to understand, professional and answered my questions
Hi David,
Thank you so much for your review!
- The Kabbage Team
Every time i run into a snag and need an extension they have been fully cooperative. Recommend this company highly
Whitley Lovelace is an outstanding representative for your company. Speedy and proficient.
Thank you.
Answer: I definitely would not recommend Kabbage to anyone, but especially to someone starting a new business. The interest and fees will kill your new business before you've even had a chance to get it started. I own a small business (2 employees, $200K in annual sales) that is over 15 years old, and the Kabbage loan I took out for $25K for an expansion nearly bankrupted my business. There are better ways to find funding for a new business - grants are out there for women who want to start a business, you can try your luck at crowdfunding (look at Kickstarter, Indiegogo, Rocket Hub, Crowdrise, Angellist, Quirky, and others), approach local friends or family members who would like to invest in your business (you can use ZimpleMoney, com to keep track of their loan payments). Kabbage is a stupid and dangerous way to start up a business. Only a complete idiot would do that.
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. We encourage you to take a look at our "How it Works" page on our website for help understanding the fee structure. If you have any questions not answered there, you can give us a call at 888-986-8263. Thanks for getting in touch!
Answer: Hi Jessica, you can go on their site and enter the amount you want to "borrow" and Kabbage will give you this information up front before you agree to receiving the cash. I borrowed $21,000 and paid nearly $8,000 in interest and fees. It HURT my business, very much! I strongly encourage you to try other companies or look to local lending networks or a local bank.
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.
Kabbage has a rating of 3.2 stars from 307 reviews, indicating that most customers are generally satisfied with their purchases. Reviewers satisfied with Kabbage most frequently mention customer service, small business and great job. Kabbage ranks 3rd among Business Loans sites.
Hi Chris,
Thank you so much! We love Jeff!
- The Kabbage Team