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April 8, 2019 11:30 am GMT

Kabbage raises a record $700 million in debt for its SMB loans platform

Loan platform Kabbage — which offers quick assessment and approvals for small business loans using machine learning algorithms that pull data from dozens of sources —has closed another large securitization as it continues to grow its operations. The company said has closed an asset-backed securitization of $700 million, which it says it the largest transaction […]

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