No minimum balance requirements and no maintenance fees.
Kabbage, an American Express company, has innovated a data and technology platform to provide small businesses automated cash flow solutions, including business checking accounts, online payments, business insights and its online lending platform which allows small businesses to quickly access ongoing lines of credit up to $250,000. Kabbage uses real-time data and automation to provide an integrated suite of financial tools empowering small businesses to spend less time on their books and more time on building thriving businesses. To date, Kabbage has provided more than 500,000 small businesses access to over $16 billion of working capital.
EIDL vs PPP loans EIDLs (Economic Injury Disaster Loans) and PPP (Paycheck Protection Program) loans are two funding options for small businesses impacted by coronavirus.......
It pays to deposit. Literally. The online Kabbage Checking™ account comes with a 1.10% APY on balances up to $100,000. Earn a $300 cash deposit into your Kabbage Checking account after you complete a total of 5 debit card purchases within 45 days of account. You must be approved by 12/15/2021.
Don't miss out on this final opportunity to re-capitalize your business at no cost. Businesses that previously were not eligible should consider applying immediately and decide later if they want the funds. Up to 100% of the loan can be forgiven, and the remainder is a five-year low interest loan.
We know the past few months have been tough on small business cashflow. Our partner, Kabbage Inc. is helping businesses access government-funded emergency loans through the Paycheck Protection Program. You can access loans of up to 2.5 times your average monthly payroll (up to $10 million).