Kabbage APR Calculator
Kabbage offers lines of credit to small businesses. They’ve made it quick and easy to get up a line of credit up to $150,000. While the rates on Kabbage’s loans are not the lowest in when it comes to small business financing options, their lines of credit come with no hidden fees. There’s no origination fee, and there’s no prepayment penalty compared to merchant cash advances and daily debit loans.
We’ve created our Kabbage APR calculator so you can understand the cost of your loan as compared to other available financing options. Our Kabbage calculator is specifically for their 6-month line of credit, however Kabbage now offers a 12-month option as well.
The monthly fee is between 0.25% and 3.5% which equates to an estimated APR of 9%-36%.
Learn more about cash flow loans like Kabbage and other financing options.
This article was originally written on October 13, 2015 and updated on January 26, 2022.