The mission here at Kabbage is to make funding available to small businesses around the world.
Two years ago, we started here in America — and quickly became the leader in the number of cash advancements to small businesses. Today marks a new step toward achieving our mission, as we expand internationally for the first time.
This morning's launch of uk.kabbage.com means that small businesses in the UK will now have access to working capital within 7 minutes, bringing the fastest way to get funding to the United Kingdom for the first time.
The UK is the biggest e-commerce market in the Europe, and the eBay marketplace is growing extremely rapidly there. More importantly to our values, though, is the fact that launching in a new country gives us the opportunity to help more small businesses. Small businesses are the engines of economies around the world, and now we're proud to play our part in the UK.