Apply for a line of credit up to $250,000 and take your small business to the next level.

Kabbage ‘s nontraditional approach to assessing your application opens up lines of credit to businesses that may have had trouble qualifying in the past. But its complicated fee system could put you at a disadvantage when it’s time to repay.


Min. Amount


Max. Amount


Product Name Kabbage Small Business Line of Credit
Min. Amount $500
Max. Amount $250,000
Loan Term 6 months to 1 year
Min. Credit Score 600
APR Varies
Requirements 1+ years in business, $100,000+ annual revenue or $4,200+ monthly revenue over last 3 months

Application Criteria

  • In business for at least one year.
  • Minimum of $50,000 in annual revenue or $4,200 per month over the last three months.

Kabbage is best for…

  • Quick cash. Qualifying only takes a few minutes and you’ll have easy access to cash as long as your credit line is open.
  • Fair credit borrowers. Kabbage’s nontraditional approach puts less weight on your credit score than other lenders.
  • Short term. Although this can mean high repayments, it also means that you’ll be done with your loan that much sooner.

How does a Kabbage line of credit work?

Kabbage offers short-term lines of credit to businesses in all 50 states that might not have the best credit. Your business will have to meet some basic eligibility criteria, but if approved, you could have access to between $500 to $250,000. Since you’ll be borrowing a line of credit and not a term loan, you can choose to borrow as much or as little as you need up to your approved credit limit.

You can withdraw your funds through the Kabbage App, Kabbage Card and its website. This makes it easy to get the money you need when you need it, and you’ll only pay fees on what you borrow.

How much does a Kabbage line of credit cost?

Kabbage doesn’t charge interest on the money you borrow, but you will be assessed a few fees depending on how much you borrow and the length of your loan term. Each draw is treated as a separate loan, and every month you’ll make a payment toward the principal along with a fee of 1.5% to 10% of your loan. The fee drops to just 1.5% after the first two months of a 6-month loan or the first six months of a 12-month loan.

There is a four-day grace period before you’re charged a fixed fee based on your draw.

What are the benefits of using Kabbage?

  • Geared toward small businesses. Kabbage only requires that its borrowers have been in business at least one year and make $50,000+ annually or $4,200 every month.
  • Applying won’t hurt your credit. Kabbage won’t do a hard check on your credit until you accept an offer.
  • Link multiple accounts. The more business accounts you provide to Kabbage, the better your chances of being approved. Link up business accounts like your checking, PayPal, eBay, Amazon or QuickBooks to help back your ability to handle a line of credit.
  • Fast turnaround. Once you’re approved for a line of credit, a draw can be approved instantly and deposited in about three days.

What to watch out for

  • Short repayment terms. Kabbage only offers 6- and 12-month loan terms. This means you won’t be stuck repaying for years down the road, but you’ll also face steep monthly repayments.
  • Complicated fees. While there are no origination fees, Kabbage’s unique fee structure is a bit difficult to follow and can sometimes be more expensive than what you’d find with other short-term business lenders.
  • You can’t save much with prepayment. Kabbage front-loads fees. You won’t be able to save much by paying early unless you repay your loan in the first few months.
  • Smaller loan amounts. Kabbage might not be able to help you out if you’re looking for financing over $250,000.

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