Kabbageannounced today that it will provide loans to both online and offline businesses, and will reject or approve a claim in minutes.
The Atlanta Georgia-based company’s bread and butter is to provide cash advances to sellers on online marketplaces like Amazon and Etsy. It is one of a handful of startups in the “alternative finance” space that offers an alternative to the traditional bank loan.
Today, the company is expanding its scope to brick and mortar stores. The expansion was precipitated by an integration with Quickbooks, Intuit’s small business accounting software that is used by millions of small businesses.
Read more at http://venturebeat.com/2013/05/14/kabbage-expands-its-loans-business-now-supports-quickbooks/#2uUD3ahjk7lLiu0U.99