Kabbage Small Business Funding – Misleading at Best
Kabbage is a company that funds qualifying small businesses. But they are currently running a Facebook ad (pictured) that says ‘Kabbage is funding ALL small business’ with ‘All’ underlined / hilighted.
This however is a bit of a misleading statement. Kabbage is not funding ALL small businesses as the ad reads. I applied for Kabbage. I was turned down. The actual print says ‘ See if you qualify today’ – which is more realistic. Because if they funded ALL small businesses, that would include mine. A better wording would be ‘all TYPES’ of small businesses.
Because I was turned down, I know they do not fund “ALL small businesses” as they put it.
Kabbage Loan is a Losing Proposition – good blog that investigates the Kabbage experience