Instead of business lines of credit, LoanBuilder offers short-term loans. LoanBuilder Rates & Fees Here are the details regarding LoanBuilder’s loans: Borrowing Amount: Up to $150,000 ($100,000 for first-time borrowers) Term Length: 17 to 52 weeks Interest Rate: One-time fee from 2.9%...
Kabbage uses algorithms to analyze data and information from several sources including real-time cash flow data, bank accounts, e-commerce transactions, and online reviews, to “evaluate the health of small businesses and lend to a higher percentage of applicants”. Also, the company uses data so...