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8 Top Kabbage Competitors: The Best Alternatives To Kabbage Funding

If your small business is looking for alternatives to Kabbage Funding, these 8 Kabbage competitors offer good rates and comparable products.

    Erica Seppala
  • UPDATED

Advertiser Disclosure: Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity.

If you’re an existing Kabbage customer and considering some other alternatives, it doesn’t hurt to check out Kabbage’s competitors. Plenty of other lenders offer similar financial products as Kabbage’s business line of credit and loans but possibly for a lower cost.

Kabbage is an online lending platform that has its pluses. For one, it’s known for its speedy application process and convenient loan products. And the good news is that new loans of between $1,000 and $250,000 are once again available to new customers. The always-accessible online interface and low barrier to entry make Kabbage a frequent favorite for businesses not interested in (or not qualified for) more traditional funding. Plus, Kabbage’s line-of-credit-style loans grant borrowers more flexibility in how they use their funds and how much they can borrow at any given time.

However, there are a few downsides to be aware of. For one, the product can be expensive — borrowing fees and APRs are higher than those of most comparable products. Furthermore, the fees are front-loaded, so there’s very little chance of saving money by repaying early. That’s why it’s worth spending some time doing a little comparison shopping.

Read on to learn about the top Kabbage competitors!

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Best for comparing loan offers.
Best for comparing loan offers.

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Best for established businesses.
Best for established businesses.

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Best for longer repayment terms.
Best for longer repayment terms.

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Best for fast approvals.
Best for fast approvals.

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Best for quick funding.
Best for quick funding.

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Best for customizable loan options.
Best for customizable loan options.

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Best for underserved small businesses.
Best for underserved small businesses.

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Best for credit scores below 600.
Best for credit scores below 600.

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The 8 Best Kabbage Competitors

If you’re looking for Kabbage alternatives, start your search here with our picks for the best Kabbage competitors, including OnDeck, Lendio, Fundbox, and Funding Circle. Whether you’re looking for lower rates, longer terms, or more flexible requirements, these lenders make it easier than ever to get the right small business loan or business line of credit.

1. Lendio: Best For Comparing Loan Offers

Lendio


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Lendio is an alternative to Kabbage that’s a little different from the other companies on this list. This is because Lendio is not a direct lender but instead is a business loan matchmaker that shops your loan request to over 75 lending partners. Within 72 hours, you may receive one or more offers for any type of business funding, from flexible lines of credit to equipment financing. There’s no cost to you, and there’s no obligation to accept an offer. Because Lendio works with multiple partners, you may qualify for funding even if you face typical lending challenges such as a low credit score, a short time in business, or low revenues.

How Lendio Is Different From Kabbage

Type Of Funding Lines of credit, term loans, SBA loans, equipment financing, MCAs, short-term loans, credit cards
Borrowing Amount Up to $5 million
Approval Time Typically within 72 hours

Get Started With Lendio

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2. OnDeck: Best For Established Businesses With Lower Credit Scores

OnDeck


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OnDeck is a Kabbage alternative that offers two types of funding: lines of credit up to $100,000 and term loans up to $250,000. As long as you meet the time in business and revenue requirements, you could qualify for an OnDeck loan or line of credit with a credit score as low as 600. Similar to Kabbage, OnDeck also offers fast application approvals and funding, with funds hitting your bank account within a few business days in most cases.

How OnDeck Is Different From Kabbage

Type Of Funding Term loans & lines of credit
Borrowing Amount Up to $250,000
APR Starts at 35%

Get Started With OnDeck

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3. Funding Circle: Best For Longer Repayment Terms

Funding Circle


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Funding Circle is a Kabbage alternative that offers a variety of financial products, including lines of credit, Small Business Administration (SBA) 7(a) loans, and term loans. Depending on the product you select, you could receive as much as $5 million with repayment terms of up to 10 years. In addition to higher borrowing limits and longer repayment terms, you may also score better rates than you’d find with Kabbage’s lines of credit. To qualify with Funding Circle, you must have a time in business of at least two years and a personal credit score of 660.

How Funding Circle Is Different From Kabbage

Type Of Funding Lines of credit, term loans, SBA loans
Borrowing Amount Up to $5 million
APR Starts at 6%

Get Started With Funding Circle

Read our in-depth review

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4. Fundbox: Best For Fast Approvals

Fundbox


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Fundbox is a Kabbage alternative that offers easy approvals and quick turnaround times for its lines of credit, making it ideal for businesses that need fast access to capital. The process is fully automated, so you can get approved for a line of credit of up to $150,000 in just minutes. Similar to Kabbage, Fundbox has relaxed borrower requirements, making it easier for new businesses and applicants with subprime credit scores to get funded. Fees can be a little on the high side, but this is pretty standard for alternative lenders.

How Fundbox Is Different From Kabbage

Type Of Funding Lines of credit & term loans
Personal Credit Score 600+
Borrowing Fee Starts at 4.66%

Get Started With Fundbox

Read our in-depth review

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5. BlueVine: Best For Quick Funding

BlueVine


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BlueVine is a Kabbage competitor that offers lines of credit. In addition to having rates similar to Kabbage’s, what stands out about BlueVine is its fast turnaround times for funding. In most cases, you can have funds in as little as 24 hours. BlueVine requires a credit score of just 600 and a time in business of six months to qualify for a line of credit up to $250,000.

How BlueVine Is Different From Kabbage

Type Of Funding Lines of credit
Borrowing Amount Up to $250,000
APR Starts at 15%

Get Started With BlueVine

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6. LoanBuilder: Best For Customizable Loan Options

LoanBuilder


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LoanBuilder is a Kabbage alternative that offers an easy application, fast approvals, and relaxed credit requirements, similar to its competitor. However, LoanBuilder does not offer a line of credit. Instead, you can receive a customizable short-term loan. Choose from terms up to 52 weeks and receive a loan up to $500,000. If preapproved, you can adjust the term and borrowing amount to best fit the needs of your business.

How LoanBuilder Is Different From Kabbage

Type Of Funding Short-term loans
Borrowing Amount Up to $500,000
Personal Credit Score 620+

Get Started With LoanBuilder

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7. Accion Opportunity Fund: Best For Underserved Small Businesses

Accion


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Accion Opportunity Fund is a Kabbage competitor that offers funding to underserved businesses, including those owned by women and minorities. However, anyone can apply for Accion’s small business loans, provided they meet credit, revenue, and time in business requirements. Fortunately, Accion’s requirements are far lower than banks, and even startups or business owners with lower credit scores may qualify for funding. Through Accion, you can borrow up to $100,000 with repayment terms of up to 60 months. And while the application and approval process can be a little more extensive, the lower rates and longer repayment terms are a good trade-off.

How Accion Is Different From Kabbage

Type Of Funding Small business loans
Borrowing Amount Up to $100,000
APR Starts at 5.99%

Get Started With Accion

Read our in-depth review

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8. Headway Capital: Best For Credit Scores Below 600

Headway Capital


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Headway Capital is a Kabbage alternative that offers lines of credit to business owners with less-than-perfect credit scores. With a minimum credit score requirement of 550, it’s possible to qualify for a line of credit of up to $100,000, even if you haven’t had much luck qualifying with other lenders. The one drawback to note is that Headway Capital does have higher rates than some of its competitors — in some cases, as high as 80%. However, this lender could be a good option if you have subpar credit and need fast access to capital

How Headway Capital Is Different From Kabbage

Borrowing Amount Up to $100,000
APR Starts at 40%
Personal Credit Score 550+

Get Started With Headway Capital

Read our in-depth review

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FAQs About Kabbage Competitors

Are BlueVine and Kabbage the same?

BlueVine and Kabbage aren’t the same company, but they do share many similarities. Both are online alternative lenders, both have easy application processes, and both have relaxed borrower requirements, making it easier than ever for small businesses to get fast access to capital.

Is Kabbage lending right now?

Yes, as of November 2021, Kabbage has reopened its Kabbage Funding program for new loans again in amounts between $1,000 and $250,000.

Who owns Kabbage?

On October 16, 2020, Kabbage was acquired by American Express.

Who are Kabbage competitors?

There are a number of alternative lenders that are Kabbage competitors. Some of its top competitors include Fundbox, Funding Circle, LoanBuilder, BlueVine, OnDeck, and Lendio.

Is Biz2Credit and Kabbage the same company?

Biz2Credit and Kabbage are not the same, although both are alternative lenders that provide funding to small businesses. Biz2Credit provides funding through its subsidiary, Itria Ventures LLC. If Biz2Credit is unable to approve your application, you may be able to get funding through one of its third-party lending partners.

In Summary: The 8 Best Kabbage Competitors

  1. Lendio: Best for comparing loan offers.
  2. OnDeck: Best for established businesses.
  3. Funding Circle: Best for longer repayment terms.
  4. Fundbox: Best for fast approvals.
  5. BlueVine: Best for quick funding.
  6. LoanBuilder: Best for customizable loan options.
  7. Accion: Best for underserved small businesses.
  8. Headway Capital: Best for credit scores below 600.
Erica Seppala

Erica Seppala

Expert Analyst & Reviewer at Merchant Maverick
An expert in accounting, finance, and point of sale, Erica has been researching and writing about all things small-business since 2018. Erica's insights into personal and business finance have been cited in numerous publications, including MSN, Real Simple, and Reader's Digest. She is a graduate of Limestone College.
Erica Seppala
View Erica Seppala's professional experience on LinkedIn.

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Merchant Maverick’s ratings are editorial in nature, and are not aggregated from user reviews. Each staff reviewer at Merchant Maverick is a subject matter expert with experience researching, testing, and evaluating small business software and services. The rating of this company or service is based on the author’s expert opinion and analysis of the product, and assessed and seconded by another subject matter expert on staff before publication. Merchant Maverick’s ratings are not influenced by affiliate partnerships.

Our unbiased reviews and content are supported in part by affiliate partnerships, and we adhere to strict guidelines to preserve editorial integrity. The editorial content on this page is not provided by any of the companies mentioned and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.

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