1. Upfront commission to be paid within 45 days of customer loan qualification. Loan origination commission shall be paid when customer draws against their approved line of credit within 24 months of customer loan qualification. 2. Kabbage can approve businesses in minutes for up to $150,000 when we are able to automatically obtain their business data and verify their bank account. Lines of credit over $150,000 require a manual review. In some situations, errors may occur during the sign up process, or we may need to send micro-deposits to confirm their bank account for security purposes. If this is the case, it may take up to several days to provide them with access to funding. Credit lines and pricing are subject to periodic review and change, including line and pricing reductions, line and pricing increases, or line eliminations. Individual requests for capital are separate installment loans. All loans are subject to credit approval. Frequently Asked Questions. |
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