[Jstarr]

They have an awesome program but only pay 1pt..

QUOTE=GMFunding;23464]Anyone have a contact for biz dev?[/QUOTE]

[MTY MSI]

When I recently viewed the Kabbage business loan website I saw they offered only a 6 mo max term starting at a 1.12 factor dependent on merchant credit qualification so unless I missed something I don't see what's so great about their program especially if it only pays 1 point. Do they have exceptionally lenient underwriting to qualify for the 1.12 factor?

[Sean Cash]

When I recently viewed the Kabbage business loan website I saw they offered only a 6 mo max term starting at a 1.12 factor dependent on merchant credit qualification so unless I missed something I don't see what's so great about their program especially if it only pays 1 point. Do they have exceptionally lenient underwriting to qualify for the 1.12 factor?

Their underwriting is just an algorithm. No humans look at the deal.