Marius
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Kabbage, Inc. is an online financing corporation based in Atlanta, Georgia that provides working capital to online merchants who list products for sale through online marketplaces, including eBay, Amazon, Etsy, Shopify, and the Yahoo! Store. Kabbage has nearly 30,000 customers and 80 percent are repeat users. Kabbage was established in 2009 by current CEO Rob Frohwein, Chairman Marc Gorlin, and COO Kathryn Petralia. In April 2012, Kabbage announced its plans to open its San Francisco office and named former RingCentral and Travelocity CMO Victoria Treyger as its Chief Marketing Officer. In July 2012, Kabbage will be launching in the U.K., its first foray outside the U.S.
An advance from Kabbage ranges between $500 and $40,000 based on a number of factors, including a seller’s rating, time in business, transaction volume, social media activity, and the seller’s credit score. Kabbage developed Social Klimbing as a way to generate a Kabbage Skore for its customers, which is utilized like a social media credit score. Kabbage's customers typically utilize advances for inventory purchases, upgrading systems, and marketing.
Source: Wikipedia
An advance from Kabbage ranges between $500 and $40,000 based on a number of factors, including a seller’s rating, time in business, transaction volume, social media activity, and the seller’s credit score. Kabbage developed Social Klimbing as a way to generate a Kabbage Skore for its customers, which is utilized like a social media credit score. Kabbage's customers typically utilize advances for inventory purchases, upgrading systems, and marketing.
Source: Wikipedia