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  1. #1

    Kabbage

    Is Kabbage still restricted from funding behind Yellowstone? Looking to renew 300k and take my merchant there. I haven't dealt with them since they cutoff the broker channel so I'm not sure if things have changed.

  2. #2
    Senior Member Reputation points: 71352
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    Don't think you can take deals to Kabbage - i could be mistaken, but i don't believe that has changed.
    Thank you,

    Lior Monus
    Business Development Manager
    CFG Merchant Solutions


    Direct: (646) 880-6764
    Cell: (516) 319-5826
    Fax: (646) 278-7322
    Lmonus@cfgms.com
    180 Maiden Lane New York, NY 10038

    www.cfgmerchantsolutions.com

  3. #3
    You can refer a client to them for a flat $250.00. That's it. We sometimes use them for 10K and under deals.

    https://www.kabbage.com/referral-program/

  4. #4
    Thanks guys I know that. I used to have a decent pipeline with them back in 2014 before they cut everyone off. I only refer my good merchants over to them so they can deal with Kabbage directly. I was asking if they will decline because Yellowstone is pulling.

  5. #5
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    I don’t see Kabbage subordinating to YSC.

  6. #6
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    Make some normal money by sending them to Bluevine or Fundbox

  7. #7
    Banned Reputation points: 17775 cynthia's Avatar
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    Its $250 just if they get qualified, they don't have to fund or draw on their line. So you can get them qualified, get $250, then they get $50 gift card AND STILL can go elsewhere.

  8. #8
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    Quote Originally Posted by cynthia View Post
    Its $250 just if they get qualified, they don't have to fund or draw on their line. So you can get them qualified, get $250, then they get $50 gift card AND STILL can go elsewhere.
    Or 2% lifetime of client on initial and additional draws with FUNDBOX. Nice for a segment of the book who fit (and can also tap in and draw against outstanding invoices too) Auto-Pilot

  9. #9
    Banned Reputation points: 17775 cynthia's Avatar
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    Quote Originally Posted by HDF View Post
    Or 2% lifetime of client on initial and additional draws with FUNDBOX. Nice for a segment of the book who fit (and can also tap in and draw against outstanding invoices too) Auto-Pilot
    Actually its 'AND', because you can get the $250 from Kabbage, then get 2% from Fundbox. Kabbage has to be viewed a different way. If you market on a mass scale to get $250 for each qualified merchant but only convert a small amount of those to other products you still can have a good ROI.

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