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Kabbage Business Loan Calculator: What Can You Afford?

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How Much Will a Kabbage Line of Credit Cost?

Kabbage is a line of credit lender that offers fast and easy business lines of credit ranging from $2,000 to $150,000, with terms of either 6 or 12 months.

They check your business’s online services—like QuickBooks, Square, or PayPal—and can qualify you in minutes.

A business line of credit is flexible “revolving” capital that works almost like a credit credit, except you get access to cash. Draw on your business line of credit to get more working capital, buy inventory, handle seasonal cash flow gaps, pay off other debts, or address almost any other business emergency or opportunity.

What exactly will a Kabbage line of credit cost your small business? Use this Kabbage business loan calculator to find out.

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Is a Kabbage Business Line of Credit Your Lowest-Rate Financing Option?

Can Kabbage offer you the lowest rates on your business financing?

You won't know for sure until you've shopped around your loan options. Compare your financing options so you can be confident that you're getting the lowest cost of capital for your business.

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How Do Kabbage Business Lines of Credit Work?

In order to be eligible for a Kabbage loan, your business must have been operating for at least 3 years, have a personal credit score of at least 680, and make over $500,000 a year in revenue. Like all lines of credit, with a Kabbage loan you’ll only pay for the funds you withdraw and use.

But unlike most lenders, Kabbage doesn’t charge interest: instead, they charge a monthly fee typically between 5 - 10% in the beginning months of your loan and 1% afterwards. You pay an equal portion of the total amount borrowed each month, while your monthly loan fees are stacked mostly at the beginning of your term.

As a short-term line of credit, Kabbage tends to be on the expensive side for small business owners.

Kabbage business loans come with a prepayment incentive, so you’ll save money if you clear your debt early.

You can withdraw funds from your Kabbage line of credit up to once per day.

Learn more about business lines of credit:

Financing Guides
Find the Lowest Rates on Business Lines of Credit

Use this guide to compare the best lines of credit for your business and apply online to the top lenders.

Read more
Business Loan Resources
Revolving Line of Credit: Why You Need It and Where to Get It

What's a revolving line of credit? Should you have one for your business? Find out here.

Read more
Expert Advice
5 Ways to Increase Your Existing Line of Credit

How can you increase your existing line of credit for more flexibility for your business? Here's exactly how.

Read more

See What Other Loan Products Will Cost You

Is a Kabbage business line of credit an affordable option? See what other loan products will cost you with these free business loan calculators

Ready to Grow Your Business?

Last updated March 18, 2020