How to turn Kabbage Clone into Success!

An overview of Kabbage and Kabbage Clone

Today, the market scenario witnesses a cut-throat competition among different traders and businesses. Companies and startups are driving new technologies and schemes to gain the slightest advantage over other competing business firms. Kabbage is among those evolutions. This Fintech script was founded by Rob Frohwein, Kathryn Petralia, and Marc Gorlin in the year 2009. It was estimated that this Fintech script generated revenue as much as $200 million in the year 2017.

Basically, Kabbage clone script is an online lending Fintech script that offers a business line of credit which is designed for providing working capital to business owners without any delay. Being an online lender, Kabbage clone script works differently with its borrowers. To qualify for the line of credit, this Fintech script possesses a set of requirements.

Use of technology to underwrite their applications makes Kabbage clone script more effective than a traditional bank as lines of credit is approved much faster ranging from same day to as long as 7 days. To get a better understanding of this Fintech script, let us have a glance at some crucial benefits offered by this platform.

Key benefits of having Kabbage clone for your startup

❖ Flexibility in the loan amount

Small businesses need continuous access to money to make payments for different expenses. Revolving loan facility offered by Kabbage clone script helps in providing the right amount of money at any given time. More flexibility in borrowing money is provided by this platform which proves to be of paramount importance to users.

❖ Convenience in borrowing money

With a Kabbage revolving loan, you don’t need to go through the approval process every time you wish to borrow money. One time approval to withdraw money is needed and thereafter you can just borrow an amount at your convenience.

❖ No fixed payment schedules

Talking about traditional banks, they offer a fixed amount which has to be paid in a certain time period with a set of norms. Whereas this platform demarcates you from paying loans in a fixed amount of time. It enables you to pay the amount as much or as little each month, according to your choice.

To make your Kabbage clone script ideas a reality, Clone Daddy is a software development firm which enables users to build platforms to make their booming startup a big success. Here we have a team of developers who would design clone script solutions for your booming business venture from a scratch. Still confused? Clear all your doubts by getting in touch with our team.