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Kabbage, UPS Partner to Fund Online Sellers

Sellers can use shipping history to apply for cash advances.

Kabbage Inc. and UPS today announced a partnership that will give small online merchants a little more leverage when applying for cash advances.

The agreement means sellers who are UPS customers can now use their shipping data as part of their credit history to potentially get more working capital at lower interest rates. UPS Capital has also provided additional financing, specifically to help Kabbage fund more small online businesses.

Previously, Kabbage considered sellers’ customer feedback and sales history in extending working capital. Initially focused on helping eBay sellers get cash to fund their businesses, Kabbage last year began working with Amazon, Etsy, Shopify and Yahoo merchants.

On the Kabbage Blog today, the company hinted at possibly expanding its service to independent sellers as well.

About the author

Crista Souza
Crista Souza is founding editor of TheOnlineSeller.com. A journalism graduate of San Jose State University, she spent 13 years as a business and technology reporter in Silicon Valley. Crista has been writing about B2C and C2C ecommerce since 2008. Opinions expressed here may not be shared by The Online Seller and/or its principals.



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