Are you an established seller? Do you dream of growing your business but lack the funds to make your dream a reality? Kabbage is here to help, and a lot of my friends have tried them out.
Kabbage is an Atlanta-based company that provides working capital to assist online sellers in growing their businesses. In a time when credit is tight, Kabbage is helping eBay sellers every day.
It’s easy to see if you qualify for an advance through Kabbage. You can apply through the Kabbage site to receive credit lines of $7,500 to $15,000. The amount you qualify for depends on factors such as transaction and sales volume, selling and credit history, and seller rating. Believe it or not, you can go from eBay ID to cash in your PayPal account in as few as 10 minutes!
The company charges a flat rate per $100 advanced for the first 30 days and an additional flat rate for each month thereafter. There are no application, startup or monthly/annual fees.
eBay Top-Rated Seller Bryan Goodman, better known as mr.bigfoot, recently qualified for an advance through Kabbage. This is what he had to say: “I used it to pay for some business expenses. I’ve already paid it back, but I may take out another one to pay for a future project. It took a split second to get qualified -- a very easy process.”
In the future, Kabbage hopes to offer funding to Amazon and Etsy sellers as well. I’ve heard nothing but good things about this company. So if you’re interested in taking your business to the next level, let Kabbage know!
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