Online Sellers to Benefit from Kabbage and UPS Partnership

Kabbage, Inc, a provider of working capital for small businesses, and UPS recently announced an important alliance for small businesses throughout the US. Kabbage provides advances to established online sellers who need a funding to help build their business.

In determining the amount of the advance a seller qualifies for, Kabbage looks at a seller's selling history, social networking, and other factors. UPS will allow Kabbage to view shipping history to determine how established an online seller is.

In addition to showing a seller's shipping history, UPS Capital, a division of UPS, will also provide Kabbage with a credit facility which will allow Kabbage to reach even more sellers. The company currently assists more than 15,000 online sellers.

�Access to working capital for small businesses is fundamental to the country�s economic recovery,� said Alan Gershenhorn, UPS chief sales and marketing officer. �This alliance with Kabbage is an example of how UPS and UPS Capital can help small businesses gain access to the working capital they need to grow their business. We�re looking forward to extending our alliance with Kabbage and the thousands of e-commerce companies it supports.�

For more information about the partnership, please click here.


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�Kabbage provides funding just for online sellers. We recognize that online merchants have a more difficult time obtaining the funding they need to grow their businesses and we built a solution to meet their needs. These merchants demand the attention of a financial services partner that understands the unique challenges and opportunities facing online sellers.�

The funding is similar to a cash advance on a credit card. This is not a loan. When you first sign up for Kabbage, you will provide them with the following information:
eBay account login
Amazon account login
Paypal login
SSN or EIN
Bank account routing number and account numbers

You can also provide your Facebook, Twitter, and Linkedin profiles so Kabbage can see if you are active on social networks. Also, you can show Kabbage your UPS account so they can see how often you ship through UPS, to further validate your online business.

Kabbage will access your eBay, Amazon, and Paypal accounts with a third-party token � the same way you authorize any other third party service such as Seller Sourcebook, Auctiva, FBA Scout, FBA Power, Ink Frog, etc., to access your accounts. Then, the algorithm is run and Kabbage calculates the amount of your first advance and your rate. You may take the distribution of your funding any way you like � one lump sum, a portion at a time, or not at all until you are ready. You can play around with the numbers to see what your monthly payments will be. Once you select your distribution amount, the funds are deposited into your Paypal account in just a few minutes.

Also, once you make your first payment, and you continue to list products for sale, Kabbage may increase your funding amount. Each time you make a payment, Kabbage may increase your advance limit. Mine is now 5 times the initial amount granted when I first signed up.

Kabbage is an easy way to take your online business to the next level if cash flow is an issue.

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