The total number of dollars accessed through Kabbage outside typical banking hours increased more than 6,000% between 2011 and 2018, proving the true around-the-clock nature of business owners and the ability of tech enabled lenders to serve their needs.
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Small businesses access more than $1bn of working capital during non-banking hours
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“The findings illuminate the true around-the-clock nature of business owners,” said Kabbage CEO, Rob Frohwein. “While we wish small business owners could reclaim their nights and weekends, we built Kabbage to allow business owners to access funds on schedules convenient to them, not us.”
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