Frohwein: Kabbage loans average a mid-30s APR
Rob Frohwein · 1213 Kabbage CEO: We've lent $5b to 150,000 SMB's, Will Pass $300m in 2018 Revenue · Nov 19, 2018 · at 7:10
Rob Frohwein, co-founder and CEO of automated SMB lender Kabbage, explains the platform's cost of capital to small business borrowers.
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“We average about a mid thirties APR”
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