Kabbage, Inc., a data and technology company offering automated cash flow solutions to small businesses, closed a $200 million revolving credit facility to support its rapid growth providing U.S. small businesses access to flexible, online...
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July 03, 2019, 08:50 AM
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Kabbage, Inc., a global financial services, cash flow technology and data platform for small businesses, closed the largest asset-backed securitization (ABS) by a small business online lending platform to date for $700 million.The most senior class...
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April 08, 2019, 08:45 AM
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Kabbage Inc., a global financial services, technology and data platform serving small businesses, announced a new $200 million asset-backed revolving credit facility with Credit Suisse.The new facility diversifies Kabbage’s funding sources, enables...
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November 17, 2017, 07:16 AM
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Metropolitan Equity Partners (“Metropolitan”) announced it has invested $20 million in Bizfi, a premier fintech company that combines aggregation, funding and a marketplace for small businesses. This investment represents an increase from the $65...
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June 29, 2016, 07:21 AM
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Bizfi, a leading FinTech company with a platform that combines aggregation, funding and a participation marketplace for small businesses announced that it originated more than $127 million in business financing in the third quarter of 2015. This...
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October 27, 2015, 07:29 AM
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Kabbage, Inc., the leading online provider of working capital for small businesses, announced that it has closed a revolving, three-year, $270 million credit facility. Top tier institutional investors participated in the oversubscribed initial debt...
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April 10, 2014, 07:31 AM
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Kabbage, Inc., an online provider of small businesses financing, has closed a $75 million credit facility, its largest financing transaction to date. Victory Park Capital (VPC) led the debt financing, while existing equity investor Thomvest Ventures...
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April 03, 2013, 07:16 AM
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