American Express launched Kabbage Funding, which offers small businesses flexible lines of credit
In December 2021, American Express Company’s brand Kabbage has launched Kabbage Funding, which will offer eligible small businesses flexible lines of credit between $1,000 and $150,000. The launch of more products under American Express brands builds on the company’s momentum to go beyond their standard card product.
Balance SheetIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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