- Aug 18 8 月 18 日
- 10 min read

Case Study: How Kabbage Revolutionized Business Loans
案例研究：Kabbage 如何彻底改变商业贷款

In the world of small business lending, Kabbage emerged as a game-changer. This fintech company revolutionized the way entrepreneurs access capital, offering a streamlined approach to business loans. Kabbage's innovative use of technology and data analytics allowed it to make quick credit decisions, providing small businesses with much-needed funds to fuel their growth.
在小企业贷款领域，Kabbage 成为了游戏规则的改变者。这家金融科技公司彻底改变了企业家获取资本的方式，提供了简化的商业贷款方法。 Kabbage 对技术和数据分析的创新运用使其能够快速做出信贷决策，为小型企业提供急需的资金来推动其增长。

Kabbage's impact on the lending industry has been significant. By leveraging social media data and other non-traditional metrics, they were able to assess creditworthiness more holistically than traditional banks.
Kabbage 对贷款行业的影响是巨大的。通过利用社交媒体数据和其他非传统指标，他们能够比传统银行更全面地评估信用度。

This case study explores how Kabbage transformed the loan application process, its role in the Paycheck Protection Program, and its eventual acquisition by American Express. It also looks at real-world examples of how Kabbage's line of credit helped small businesses thrive, as well as the challenges the company faced, including concerns about fintech fraud and its bankruptcy filing.
本案例研究探讨了 Kabbage 如何改变贷款申请流程、它在薪资保护计划中的作用以及它最终被美国运通收购。它还着眼于现实世界的例子，说明 Kabbage 的信贷额度如何帮助小企业蓬勃发展，以及该公司面临的挑战，包括对金融科技欺诈及其破产申请的担忧。

Understanding Kabbage's Business Model
了解 Kabbage 的商业模式

Traditional Lending vs. Kabbage's Approach
传统贷款与 Kabbage 的方法

Kabbage revolutionized the lending industry by addressing a critical gap in the market. While traditional banks often struggle to serve small businesses due to high standards for cash flow, credit scores, and collateral, Kabbage took a different approach. The company leveraged artificial intelligence and data analytics to evaluate the health of small businesses more comprehensively [1].
Kabbage 通过解决市场上的一个关键缺口，彻底改变了贷款行业。由于现金流、信用评分和抵押品的高标准，传统银行常常难以为小企业提供服务，但 Kabbage 采取了不同的方法。该公司利用人工智能和数据分析来更全面地评估小型企业的健康状况[1]。

Unlike conventional lenders that rely on lengthy applications, income statements, and tax records, Kabbage developed a fully automated, data-driven platform [2]. This innovative system allows for instant credit decisions by analyzing a wide range of online data sources. When small businesses apply for a loan, they simply connect their online financial and business services accounts, such as business checking accounts, Amazon, QuickBooks, PayPal, and eBay [3]. Kabbage's algorithms then swiftly assess this data to determine creditworthiness.
与依赖冗长的申请、损益表和税务记录的传统贷方不同，Kabbage 开发了一个完全自动化的数据驱动平台 [2]。这一创新系统可以通过分析广泛的在线数据源来做出即时信用决策。当小型企业申请贷款时，他们只需连接其在线金融和商业服务帐户，例如商业支票帐户、Amazon、QuickBooks、PayPal 和 eBay [3]。然后，Kabbage 的算法会快速评估这些数据以确定信誉度。

This streamlined process enables Kabbage to make lending decisions in as little as 10 minutes, compared to the weeks it might take traditional banks [1]. The speed and efficiency of Kabbage's approach have made it particularly attractive to small businesses that often cannot afford to wait for weeks when they need financing [1].
这种简化的流程使 Kabbage 能够在短短 10 分钟内做出贷款决定，而传统银行可能需要几周的时间 [1]。 Kabbage 方法的速度和效率使其对小型企业特别有吸引力，因为它们在需要融资时通常无法等待数周[1]。

Key Revenue Streams 主要收入来源

Kabbage's primary revenue stream comes from its line of credit product, which is designed to be flexible and adaptable to the varying needs of small to medium-sized enterprises. Unlike traditional term loans, Kabbage's line of credit allows businesses to draw funds up to a pre-approved limit as needed [4]. This flexibility means that businesses only pay interest on the amount they use, making it a cost-effective option for managing fluctuating cash flow needs.
Kabbage 的主要收入来源来自其信贷产品，该产品旨在灵活且能够适应中小企业的不同需求。与传统的定期贷款不同，Kabbage 的信用额度允许企业根据需要提取高达预先批准限额的资金 [4]。这种灵活性意味着企业只需为其使用的金额支付利息，使其成为管理波动的现金流需求的经济高效的选择。

The company generates revenue through its fee structure, which is designed to be straightforward and transparent. Instead of traditional interest rates, Kabbage focuses on monthly fees. For shorter-term loans (6 or 12 months), the monthly fee typically ranges from 1.5% to 10% of the principal for the first two months and drops to a lower rate for the remaining term [4]. This pricing model allows Kabbage to charge a premium for its fast and convenient service while still attracting customers who value quick access to funds.
该公司通过其简单透明的收费结构产生收入。 Kabbage 没有采用传统的利率，而是专注于月费。对于短期贷款（6 或 12 个月），前两个月的月费通常为本金的 1.5% 至 10%，剩余期限则降至较低的利率 [4]。这种定价模式使 Kabbage 能够因其快速便捷的服务收取溢价，同时仍然吸引重视快速获取资金的客户。

Target Customer Segments 目标客户群

Kabbage initially focused on serving e-commerce businesses, particularly those operating on platforms like eBay [1]. However, as the company grew, it expanded its target market to include a wider range of small businesses. By 2014, Kabbage had broadened its scope to serve brick-and-mortar businesses as well [1].
Kabbage 最初专注于为电子商务企业提供服务，特别是在 eBay 等平台上运营的企业[1]。然而，随着公司的发展，它扩大了目标市场，包括更广泛的小型企业。到 2014 年，Kabbage 扩大了服务范围，也为实体企业提供服务 [1]。

The company's target customers are primarily small to medium-sized enterprises seeking flexible funding solutions. Kabbage caters to businesses that may struggle to obtain financing from traditional banks due to factors such as limited operational history or lower credit scores. The platform accepts credit scores in the mid-500s, which is considered a "poor" credit score by FICO standards [5]. This approach allows Kabbage to serve startups, business owners with less-than-perfect credit, and companies still building their revenue streams.
该公司的目标客户主要是寻求灵活融资解决方案的中小企业。 Kabbage 迎合了由于运营历史有限或信用评分较低等因素而难以从传统银行获得融资的企业。该平台接受 500 左右的信用评分，根据 FICO 标准，该信用评分被视为“较差”信用评分 [5]。这种方法使 Kabbage 能够为初创公司、信用状况不太理想的企业主以及仍在建立收入来源的公司提供服务。

To qualify for Kabbage funding, businesses typically need to have been operational for at least one year and have a minimum annual revenue of $50,000 or monthly revenue of $4,200 [1]. This relatively low threshold makes Kabbage an attractive option for a wide range of small businesses that may be underserved by traditional financial institutions.
要获得 Kabbage 资助的资格，企业通常需要运营至少一年，并且年收入至少为 50,000 美元，或月收入至少为 4,200 美元[1]。这种相对较低的门槛使 Kabbage 对于传统金融机构服务不足的众多小型企业来说成为有吸引力的选择。

Technology at the Core of Kabbage
Kabbage 的核心技术

Big Data Analytics 大数据分析

Kabbage has revolutionized the lending industry by leveraging big data analytics and machine learning to assess the creditworthiness of businesses quickly and efficiently. Unlike traditional banks that rely on lengthy applications, income statements, and tax records, Kabbage utilizes a wide range of online data sources to make instant credit decisions [4]. This innovative approach allows the company to analyze real-time data from various platforms, including business checking accounts, Amazon, QuickBooks, PayPal, and eBay [3].
Kabbage 利用大数据分析和机器学习快速有效地评估企业的信用度，彻底改变了贷款行业。与依赖冗长的申请表、损益表和税务记录的传统银行不同，Kabbage 利用广泛的在线数据源来做出即时信贷决策 [4]。这种创新方法使公司能够分析来自各种平台的实时数据，包括商业支票账户、亚马逊、QuickBooks、PayPal 和 eBay [3]。

By connecting to these third-party, verified data sources, Kabbage gains a more holistic picture of a business's financial health [6]. This comprehensive view enables the company to make more accurate lending decisions, often within minutes, compared to the days or weeks required by traditional lenders [3]. The use of social media data is just one part of the broader picture that Kabbage takes into consideration when evaluating a business's creditworthiness [6].
通过连接到这些经过验证的第三方数据源，Kabbage 可以更全面地了解企业的财务状况 [6]。这种全面的视图使公司能够做出更准确的贷款决策，通常在几分钟内，而传统贷方需要几天或几周的时间[3]。社交媒体数据的使用只是 Kabbage 在评估企业信用度时考虑的更广泛情况的一部分 [6]。

Automated Underwriting Process
自动化承保流程

Kabbage's automated underwriting process is at the heart of its technology-driven approach. The company has developed a fully automated, data-driven platform that allows for instant credit decisions [4]. When small businesses apply for a loan, they simply connect their online financial and business services accounts to Kabbage's platform [3]. The company's advanced algorithms then swiftly assess this data to determine creditworthiness.
Kabbage 的自动化承保流程是其技术驱动方法的核心。该公司开发了一个完全自动化、数据驱动的平台，可以进行即时信贷决策[4]。当小企业申请贷款时，他们只需将其在线金融和商业服务帐户连接到 Kabbage 的平台 [3]。然后，该公司的先进算法会迅速评估这些数据以确定信誉度。

This streamlined process enables Kabbage to offer loans of up to $250,000 in as little as 10 minutes [3]. The efficiency of this automated system has led Kabbage to provide over 500,000 small businesses with access to more than $16 billion of working capital, including through the Paycheck Protection Program (PPP) [7].
这种简化的流程使 Kabbage 能够在短短 10 分钟内提供高达 250,000 美元的贷款 [3]。该自动化系统的效率使 Kabbage 为超过 500,000 家小型企业提供了超过 160 亿美元的营运资金，包括通过薪资保护计划 (PPP) [7]。

Integration with E-commerce Platforms
与电商平台整合

Kabbage has strategically positioned itself to serve e-commerce businesses by integrating with various online platforms. The company's partnership with GoDaddy, for instance, puts the Kabbage platform in front of GoDaddy's 19 million entrepreneurs [8]. This collaboration allows Kabbage to reach e-commerce businesses that might otherwise have difficulties obtaining loans from traditional banks.
Kabbage 将自身战略定位为通过与各种在线平台整合来服务电子商务企业。例如，该公司与 GoDaddy 的合作将 Kabbage 平台置于 GoDaddy 的 1900 万企业家面前 [8]。此次合作使 Kabbage 能够接触到电子商务企业，否则这些企业可能难以从传统银行获得贷款。

GoDaddy offers an e-commerce toolkit called Websites + Marketing, which helps companies manage their orders, including payments and shipping, from online marketplaces like Amazon, eBay, and Walmart [8]. Kabbage's integration with this service allows rapidly growing e-commerce businesses to access funding easily as they invest in marketing, inventory, or expansion [8].
GoDaddy 提供了一个名为 Websites + Marketing 的电子商务工具包，可帮助公司管理来自 Amazon、eBay 和 Walmart 等在线市场的订单，包括付款和运输 [8]。 Kabbage 与该服务的集成使快速发展的电子商务企业能够在投资于营销、库存或扩张时轻松获得资金 [8]。

The Kabbage API further enhances this integration, offering a streamlined solution for businesses seeking access to financing and financial services [9]. Through this API, businesses can easily apply for loans, access funding, and manage their accounts with convenience and efficiency. The API's real-time loan processing capabilities and seamless integration with various third-party platforms and accounting software allow businesses to incorporate loan management and financial services into their existing workflows [9].
Kabbage API 进一步增强了这种集成，为寻求融资和金融服务的企业提供了简化的解决方案 [9]。通过该API，企业可以轻松高效地申请贷款、获取资金并管理账户。 API 的实时贷款处理功能以及与各种第三方平台和会计软件的无缝集成使企业能够将贷款管理和金融服务纳入其现有的工作流程 [9]。

Kabbage's Impact on the Lending Industry
Kabbage 对借贷行业的影响

Disrupting Traditional Banking
颠覆传统银行业务

Kabbage revolutionized the lending industry by introducing a technology-driven approach that challenged traditional banking methods. Unlike conventional lenders that rely on lengthy applications, income statements, and tax records, Kabbage leveraged large amounts of online data to make instant credit decisions [3]. This innovative method allowed small businesses to access up to $250,000 in as little as 10 minutes, a stark contrast to the days or even weeks required by traditional banks [3].
Kabbage 通过引入挑战传统银行方法的技术驱动方法，彻底改变了贷款行业。与依赖冗长的申请、损益表和税务记录的传统贷方不同，Kabbage 利用大量在线数据做出即时信贷决策 [3]。这种创新方法允许小型企业在短短 10 分钟内获得高达 250,000 美元的资金，这与传统银行所需的几天甚至几周形成鲜明对比 [3]。

The company's use of artificial intelligence (AI) and big data analytics enabled it to assess creditworthiness more comprehensively and efficiently than traditional methods [10]. This approach not only streamlined the loan application process but also claimed to result in lower loss rates compared to the rest of the industry, including institutional banks [3].
该公司利用人工智能（AI）和大数据分析使其能够比传统方法更全面、更高效地评估信用度[10]。这种方法不仅简化了贷款申请流程，而且据称与其他行业（包括机构银行）相比，损失率更低[3]。

Influencing Competitor Strategies – AMEX move
影响竞争对手的策略——美国运通的举动

Kabbage's success in the small business lending space prompted other financial institutions to reconsider their strategies. The company's ability to provide quick, data-driven lending decisions set a new standard in the industry. As a result, traditional banks and other fintech companies had to adapt to remain competitive.
Kabbage 在小企业贷款领域的成功促使其他金融机构重新考虑其策略。该公司提供快速、数据驱动的贷款决策的能力在行业中树立了新标准。因此，传统银行和其他金融科技公司必须适应以保持竞争力。

American Express's acquisition of Kabbage in mid-2020 further demonstrated the impact of Kabbage's model on the broader financial services landscape [11]. This move allowed American Express to strengthen its position in the small and mid-size business (SMB) market, facing increasing competition from other fintech lenders like Brex and OnDeck [11].
美国运通在 2020 年中期收购 Kabbage 进一步证明了 Kabbage 模式对更广泛的金融服务领域的影响[11]。此举使美国运通能够加强其在中小型企业 (SMB) 市场的地位，应对来自 Brex 和 OnDeck 等其他金融科技贷款机构日益激烈的竞争[11]。

The launch of Kabbage Checking, American Express's first checking account for small businesses, showcased how Kabbage's technology could be leveraged to offer more comprehensive financial services [11]. This product included features such as a free, no-overdraft checking account paying 1.1% on balances up to $100,000, a Kabbage debit card, and free in-network ATM access [11].
美国运通针对小型企业的第一个支票账户 Kabbage Checking 的推出展示了如何利用 Kabbage 的技术来提供更全面的金融服务 [11]。该产品包括免费、无透支的支票账户（余额不超过 100,000 美元时按 1.1% 利率支付）、Kabbage 借记卡以及免费的网内 ATM 访问等功能 [11]。

Regulatory Challenges and Responses
监管挑战与应对

Despite its innovative approach, Kabbage faced significant regulatory challenges, particularly in relation to its participation in the Paycheck Protection Program (PPP) during the COVID-19 pandemic. The company processed about $7 billion in PPP loans for more than 300,000 borrowers, becoming the second-largest PPP lender in the nation by application volume [12].
尽管采用创新方法，Kabbage 仍面临重大监管挑战，特别是在 COVID-19 大流行期间参与薪资保护计划 (PPP) 方面。该公司为超过 30 万借款人处理了约 70 亿美元的 PPP 贷款，按申请量计算成为全国第二大 PPP 贷款机构 [12]。

However, Kabbage's rapid growth and automated processes led to allegations of fraud and mismanagement. The U.S. Department of Justice alleged that Kabbage knowingly submitted thousands of false claims for loan forgiveness, loan guarantees, and processing fees to the U.S. Small Business Administration [13]. The company was accused of systemically inflating tens of thousands of PPP loans, causing the SBA to guarantee and forgive loans in amounts that exceeded what borrowers were eligible to receive under program rules [13].
然而，Kabbage 的快速增长和自动化流程导致了欺诈和管理不善的指控。美国司法部声称，Kabbage 故意向美国小企业管理局提交了数千份虚假的贷款减免、贷款担保和手续费申请 [13]。该公司被指控系统性地夸大了数万笔 PPP 贷款，导致 SBA 担保和免除的贷款金额超出了借款人根据计划规则有资格获得的金额 [13]。

In response to these allegations, Kabbage, now operating as KServicing Wind Down Corp. after filing for Chapter 11 bankruptcy, agreed to resolve the claims [13]. The resolution included the United States receiving a general unsecured claim in the bankruptcy proceeding [13]. This case highlighted the need for stronger regulatory oversight in the rapidly evolving fintech lending sector and underscored the importance of balancing innovation with compliance and risk management.
为了回应这些指控，Kabbage（在根据美国破产法第 11 章申请破产后，现在以 KServicing Wind Down Corp. 名义运营）同意解决索赔问题 [13]。该决议包括美国在破产程序中接受一般无担保债权[13]。该案例凸显了在快速发展的金融科技贷款行业加强监管的必要性，并强调了平衡创新与合规和风险管理的重要性。

Case Studies: Kabbage in Action
案例研究：白菜在行动

Small Business Success Stories
小型企业成功案例

Kabbage has played a significant role in supporting small businesses by providing quick and flexible funding solutions. The company's innovative approach to lending has enabled numerous entrepreneurs to access capital when they needed it most. For instance, Kabbage offers a line of credit of up to $250,000, which businesses can draw from as needed, paying only for the amount they use [4]. This flexibility has proven invaluable for small to medium-sized enterprises managing varying cash flow needs, such as inventory purchases, payroll, or emergency expenses [4].
Kabbage 通过提供快速、灵活的融资解决方案，在支持小型企业方面发挥了重要作用。该公司创新的贷款方式使众多企业家能够在最需要的时候获得资金。例如，Kabbage 提供高达 250,000 美元的信用额度，企业可以根据需要提取信用额度，只需支付他们使用的金额 [4]。事实证明，这种灵活性对于管理不同现金流需求（例如库存采购、工资或紧急费用）的中小型企业来说非常宝贵[4]。

One of the key advantages of Kabbage's service is its rapid funding process. Businesses can receive funding quickly, often within minutes of approval, which is crucial for urgent financial needs [4]. This speed and efficiency have been particularly beneficial for businesses facing time-sensitive opportunities or challenges.
Kabbage 服务的主要优势之一是其快速的融资流程。企业可以快速获得资金，通常在批准后几分钟内，这对于紧急财务需求至关重要[4]。这种速度和效率对于面临时间敏感的机遇或挑战的企业特别有利。

Analyzing Loan Performance
分析贷款表现

Kabbage's unique approach to loan assessment and performance has set it apart in the lending industry. The company utilizes a sophisticated online platform that leverages data analytics and machine learning to quickly assess the creditworthiness of businesses [4]. This method streamlines the lending process, offering faster and more flexible funding solutions compared to traditional banks [4].
Kabbage 独特的贷款评估和绩效方法使其在贷款行业中脱颖而出。该公司利用先进的在线平台，利用数据分析和机器学习来快速评估企业的信誉[4]。与传统银行相比，这种方法简化了贷款流程，提供更快、更灵活的融资解决方案[4]。

The application process for a Kabbage line of credit is conducted entirely online, utilizing an advanced algorithm to analyze real-time data from various sources such as bank accounts, transaction histories, and accounting platforms [4]. This data-driven approach enables Kabbage to provide quick lending decisions, often within minutes [4].
Kabbage 信用额度的申请过程完全在线进行，利用先进的算法分析来自银行账户、交易历史和会计平台等各种来源的实时数据[4]。这种数据驱动的方法使 Kabbage 能够提供快速的贷款决策，通常在几分钟内 [4]。

On average, the APR for a Kabbage line of credit comes out to approximately 22% [14]. However, depending on the business's financial health, APRs can range from as low as 9% to as high as 36% [14]. These rates reflect the trade-off between accessibility and cost that many small businesses face when seeking quick funding.
平均而言，Kabbage 信用额度的年利率约为 22% [14]。然而，根据企业的财务状况，年利率可以从低至 9% 到高达 36% [14]。这些利率反映了许多小企业在寻求快速融资时面临的可及性和成本之间的权衡。

Customer Feedback and Testimonials
客户反馈和推荐

Customer experiences with Kabbage have been mixed, reflecting both the benefits and challenges of its innovative lending model. Some customers have praised Kabbage for its excellent line of funding services, noting that the company guides and assists businesses through every step of the process [15].
Kabbage 的客户体验好坏参半，反映出其创新贷款模式的好处和挑战。一些客户称赞 Kabbage 卓越的融资服务系列，并指出该公司在整个流程的每一步都为企业提供指导和协助 [15]。

However, other customers have reported difficulties, particularly in customer service and communication. Some users have experienced long wait times when trying to contact support, with one customer reporting multiple unsuccessful attempts to reach a representative [15]. This has led to frustration, especially when customers need to access their approved credit lines or resolve issues with their accounts.
然而，其他客户也报告了困难，特别是在客户服务和沟通方面。一些用户在尝试联系支持人员时经历了漫长的等待时间，一位客户报告称多次尝试联系代表均未成功 [15]。这导致了挫败感，特别是当客户需要访问其批准的信用额度或解决其帐户问题时。

The company's participation in the Paycheck Protection Program (PPP) during the COVID-19 pandemic also received mixed reviews. While some businesses successfully obtained PPP loans through Kabbage, others reported challenges with the application process and communication [15]. Some applicants experienced delays, lack of information, or unexpected rejections, highlighting the potential drawbacks of a highly automated system [15].
该公司在 COVID-19 大流行期间参与薪资保护计划 (PPP) 的情况也受到了褒贬不一的评价。虽然一些企业通过 Kabbage 成功获得了 PPP 贷款，但其他企业则报告了申请流程和沟通方面的挑战 [15]。一些申请人经历了延误、缺乏信息或意外拒绝，这凸显了高度自动化系统的潜在缺点[15]。

Despite these challenges, Kabbage's innovative approach to lending has undoubtedly made an impact on the small business lending landscape. Its ability to provide quick access to funds has been a lifeline for many businesses, even as it continues to navigate the complexities of balancing automation with customer service needs.
尽管面临这些挑战，Kabbage 的创新贷款方式无疑对小企业贷款格局产生了影响。它提供快速获取资金的能力一直是许多企业的生命线，尽管它继续应对平衡自动化与客户服务需求的复杂性。

Conclusion 结论

Kabbage's groundbreaking approach to business lending has had a significant impact on the financial industry. By leveraging technology and data analytics, the company has revolutionized the loan application process, making it faster and more accessible for small businesses to obtain funding. This innovation has not only benefited entrepreneurs but also pushed traditional banks to rethink their lending strategies to stay competitive in the evolving market.
Kabbage 开创性的商业贷款方法对金融业产生了重大影响。通过利用技术和数据分析，该公司彻底改变了贷款申请流程，使小企业能够更快、更容易地获得资金。这种创新不仅使企业家受益，还促使传统银行重新考虑其贷款策略，以在不断发展的市场中保持竞争力。

Despite its success, Kabbage has faced challenges, particularly in regulatory compliance and customer service. The company's involvement in the Paycheck Protection Program highlighted both the potential and pitfalls of its automated lending model. As the fintech landscape continues to evolve, Kabbage's journey serves as a valuable case study to examine the balance between innovation and responsible lending practices in the digital age.
尽管取得了成功，Kabbage 仍面临挑战，特别是在法规遵从性和客户服务方面。该公司参与薪资保护计划凸显了其自动贷款模式的潜力和缺陷。随着金融科技格局的不断发展，Kabbage 的旅程可以作为一个有价值的案例研究，以检验数字时代创新与负责任贷款实践之间的平衡。

FAQs 常见问题解答

Q1: Is Kabbage a suitable option for business financing?
Q1：Kabbage 是企业融资的合适选择吗？

For businesses in search of a lender that provides an easy online application process and convenience, American Express Business Blueprint™ (previously known as Kabbage) and OnDeck are excellent choices. Traditional banks, in contrast, often require a lengthy application process, excellent credit, and sometimes collateral.
对于寻求提供简单在线申请流程和便利性的贷方的企业来说，American Express Business Blueprint™（以前称为 Kabbage）和 OnDeck 是绝佳选择。相比之下，传统银行通常需要漫长的申请流程、良好的信用，有时还需要抵押品。

Q2: Is Kabbage currently operational?
Q2：Kabbage目前还在运营吗？

Kabbage has ceased its operations under its previous function and is now operating as KServicing Wind Down Corp., following a Chapter 11 bankruptcy filing in the District of Delaware in October 2022.
继 2022 年 10 月根据特拉华州破产法第 11 章申请破产后，Kabbage 已停止其先前职能下的运营，目前以 KServicing Wind Down Corp. 名义运营。

Q3: What are the interest rates offered by Kabbage?
Q3: Kabbage 提供的利率是多少？

Interest rates at Kabbage vary based on the loan amount, term, and your business’s cash flow, typically ranging from 0.25% to 3.5% per month.
Kabbage 的利率根据贷款金额、期限和您企业的现金流而有所不同，通常为每月 0.25% 到 3.5% 不等。

Q4: How can one apply for a loan from Kabbage?
Q4：如何向Kabbage申请贷款？

To apply for a Kabbage line of credit, follow these steps:
要申请 Kabbage 信用额度，请按照以下步骤操作：

Apply online by entering basic information and linking your business details either online or through their mobile app.
通过在线或通过他们的移动应用程序输入基本信息并链接您的业务详细信息来在线申请。
Receive a quick decision as Kabbage reviews your business performance to determine the amount of working capital you can access.
当 Kabbage 审查您的业务绩效以确定您可以获得的营运资金量时，您可以快速做出决定。
Once approved, you can start utilizing your funds.
一旦获得批准，您就可以开始使用您的资金。