Loans (US)
How to apply for Kabbage Funding™ from American Express?
Are you in the market for a flexible business loan? If so, read our post to learn how to apply for Kabbage Funding™ from American Express!
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by Victória Lourenço
Kabbage Funding™ from American Express application: finish applying in minutes!
Are you in the market for a business loan? Do you want to learn how to apply for Kabbage Funding™ from American Express? If so, you may be wondering how the application process works.
Well, in this blog post, we’ll outline the steps you need to take to finish your Kabbage Funding™ from American Express application.
We’ll also provide some tips on what to expect along the way. So, whether you’re just starting your research or are ready to apply, keep reading to learn how to apply for Kabbage Funding™ from American Express!
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Online Application Process
Before you start applying for a loan through Kabbage Funding™, you should remember a few details. For example, you can get loan terms ranging from 6, 12, or 18 months.
Also, you’ll be able to find flexible monthly fees depending on your business analysis results. In addition, you can find that the application process only takes minutes.
And right after, you’ll get your decision very fast! However, before applying, you’ll need to fit the requirements. For example, you need to be 18 years of age and have started your business a year ago.
Also, you’ll need a FICO score of at least 640 when applying. Plus, your monthly revenue needs to be at least $3,000.
So, to apply, you’ll need to fill out an application form with your personal and business information. Then, you’ll just wait for a quick response to see if you got approved.
Application Process using the app
You can download the Kabbage Funding™ mobile app on your Android or iOS device. And you’ll be able to apply for loans there and manage your application and current loans.
All you need to do to apply is download the app and follow the instructions as shown on the screen. Then, you’ll provide the personal and business information required and await a quick response on your approval.
Kabbage Funding™ from American Express vs. Quick Cash Capital
If you still don’t know about getting a loan for your business through Kabbage Funding™ from American Express, you can get a different option, such as Quick Cash Capital.
With this lender, you’ll be able to find business loan options for a broader level of credit scores. Also, if you have a higher credit score, you’ll be able to get up to $500,000 in loan amounts.
So, read our comparison table below to help you decide.
Kabbage Funding™ from American Express | Quick Cash Capital | |
APR* | Monthly fees range from 2% to 9% for 6-month loans; 4.5% for 12-month loans, and 6.75% to 27% for 18-month loans. *Terms apply. | N/A. |
Loan Purpose | Business lines of credit. | Small Business Finance and Merchant Cash Advance |
Loan Amounts* | $2,000 to $250,000 (depending on your business’s financial situation). *Terms apply. | From $20,000 to $500,000. *Terms apply. |
Credit Needed | Good to excellent. | All credit scores. |
Terms | 6, 12, or 18 months. | Up to 36 months for small business finance. |
Origination Fee | N/A. | N/A. |
Late Fee* | Late fees vary from $10 to $100, depending on the amount owed. *Terms apply. | N/A. |
Early Payoff Penalty | N/A. | There are discounts for early payments. |
If you like what you see here, read the Quick Cash Capital full review on the following!
Quick Cash Capital review
In this Quick Cash Capital review, you will discover how to get working capital solutions to grow and expand your business. Keep reading to learn how it works.
Victória Lourenço
Aline Barbosa
Senior Editor
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