| Key Takeaways | What It Means |
| 🏷️ Now an American Express line | Kabbage Funding is now the American Express Business Line of Credit. American Express acquired the lender in 2020 and retired the brand in early 2023. |
| ⚠️ KServicing is separate | Kabbage, Inc. (d/b/a KServicing), which kept the old Paycheck Protection Program loans, filed for Chapter 11 bankruptcy in October 2022 and is not the American Express line of credit you can get today. |
| 💰 Line size and terms | American Express approves lines between $2,000 and $250,000, and eligible customers can later request up to $1,000,000; each draw becomes a 6-, 12-, 18-, or 24-month loan with a monthly fee rather than an interest rate. |
| ✅ Accessible qualifications | American Express requires a FICO score of at least 660, at least one year in business, and average monthly revenue of at least $3,000. |
| ⚡ Funding time | After you draw and sign, American Express says funds may take 1 to 3 business days to post, depending on your bank. |
| 📉 Lines can change | American Express notes that a line can be adjusted at any time based on factors such as your business’s financial health, so weigh availability alongside cost. |
| 🔁 A path if declined | United Capital Source matches one application across an 80+ lender network, so a single decline does not end your search for funds. |
| Detail | Value |
| Product today | American Express Business Line of Credit (formerly Kabbage Funding) |
| Funding range | $2,000 to $250,000 at approval; increases up to $1,000,000 on request |
| Minimum credit score | 660 FICO minimum (may be higher) |
| Time in Business/Revenue | 1+ year; average monthly revenue of $3,000+ |
| Funds speed | 1 to 3 business days, depending on your bank |
| Cost | Monthly loan fee of 0.55% to 1.55% of principal, spread evenly; no origination, application, or annual fees or prepayment penalties |
| Issuer | American Express National Bank (FDIC member) |
If you came here for the independent online lender Kabbage Funding, the honest answer is that such a lender no longer exists in that form. Amex bought the company in 2020, folded the alternative business lending product into the Amex Business Blueprint platform, and retired the old brand in early 2023. Business owners can apply for an Amex business line of credit today.
That matters because much of what is still written describes a lender that has changed hands, names, and terms. This review covers the current business line of credit: how it works, what it costs, who it fits, and what reviews say after the sale. We have updated every figure to the present product, so you are not comparing old business loans to new ones.
United Capital Source is a full-service business funding marketplace, not a lender, so this is neither a pitch nor a hit piece. We see where this line of credit fits small business owners and where it does not, and we lay out both so you can weigh your financing options with clear eyes.
This guide covers what the product has become, how the American Express line of credit works today, what it costs, who qualifies, what reviews say, which alternatives are worth comparing, and the verdict.
The product is a small business line of credit, now issued by Amex. Amex bought the lender in 2020, moved it onto the Business Blueprint platform, and retired the old brand in early 2023.
So an owner who says they hold this funding in 2026, in fact, holds an Amex line of credit. The original site no longer runs as a standalone financier, and applications now live inside Amex. The speed and the data-driven approval that made the brand popular carried over, under a new name and with updated loan terms.
One point of confusion deserves a clear answer. A separate entity, Kabbage, Inc. (d/b/a KServicing), kept the brand’s old Paycheck Protection Program loans, filed for Chapter 11 bankruptcy in October 2022, and in May 2024 agreed to pay up to $120 million to resolve federal PPP allegations. That entity is not the line of credit business play for today, and its troubles do not affect the current product or funds.
For a small business owner, the takeaway is simple. The old name is history. The funds are not. The funding itself is alive within Amex, with terms you should judge on their current merits rather than on a reputation built before the sale.
If you are searching for help on a pandemic-era balance, you want KServicing, not the current lender, and the old website no longer takes applications. The two are often blurred in business loan coverage, yet only one still issues new business loans.
This is a revolving line of credit you tap as needed, not a lump sum. You link your business accounts, get approved for a limit, and then draw funds when cash flow calls for it, paying fees only on the money you use.
Each draw becomes its own installment loan with a term of 6, 12, 18, or 24 months. You can keep several balances open at once, up to your limit, which helps when a small business is juggling short term expenses and uneven payments. The line of credit flexes with the week.
Speed is the headline. The funds move fast. Amex says the application takes minutes and reviews your linked accounts in real time. Amex says funds may take 1 to 3 business days to post, depending on your bank.
Picture a Denver, Colorado, landscaper roughly 14 months old with monthly deposits of nearly $9,000. The proprietor links a checking account, gets a decision in minutes, and draws $12,000 from the line of credit to cover spring payroll before invoices clear. That is the seasonal squeeze this offering is built to bridge, and the funds free up again as the loan is repaid.
Because each draw is its own loan, you match the term to the need: a short gap suits a 6-month draw, a larger inventory buy an 18 or 24-month one. As you repay, that slice of the line of credit reopens, so you access funds and repay on the same cycle. For many owners, that rhythm is the whole point, and a flexible way to manage cash flow matters more than any single draw.
Instead of a traditional business loan interest rate, the business line of credit charges a flat monthly fee on each draw, spread across the term. Amex publishes a monthly loan fee of 0.55% to 1.55% of principal, which works out to about 3.3% to 9.3% in total on a 6-month draw. A 12-month draw works out to about 6.6% to 18.6%, an 18-month draw 9.9% to 27.9%, and a 24-month draw 13.2% to 37.2%. The fee is spread equally across each month of the loan term.
A worked example makes the cost real. Say a Brooklyn, New York, seller draws $50,000 over 18 months at a total fee of 15%, within the published band. That is $7,500 in fees on top of the principal, or about $417 per month, spread evenly across the 18 payments. There is no separate interest rate to add.
There are no origination fees, no annual fees, and no prepayment penalties, and you see the exact fee on a draw before you take it. Paying off a loan early saves on unposted fees for the remaining months, rewarding quick repayment of any outstanding balance.
A monthly fee is not an APR; expressed as an annual rate, the cost is higher than the total fee percentage, so compare the APR equivalent with other offers. Because each draw carries its own fee, run your own cost calculations before you commit the funds.
| Draw term | Published total fee | Fee on a $50,000 draw (illustrative) |
| 6 months | 3% to 9% | about $3,000 at 6% |
| 12 months | 6% to 18% | about $6,000 at 12% |
| 18 months | 9% to 27% | about $7,500 at 15% |
| 24 months | 12% to 18% | about $7,500 at 15% |
Qualifying is accessible but specific. Amex lists a FICO score of at least 660, which may be higher based on your relationship with Amex and credit history, at least a year in business, and recent average monthly revenue of at least $3,000. Requirements quoted in older Kabbage reviews may differ, so check the current minimums before applying.
Before you spend time, check the basics. You want a credit score of 660 or higher, a year or more of operating history, monthly revenue of $3,000 or more, and a valid business checking account to link so Amex can read recent bank statements and gauge your business performance.
Meeting the minimums does not assure approval. Amex weighs your overall financial health, so a thin balance or recent negative days can still result in a decline, even when the headline numbers look good. Your credit history and business credit both factor in, and a weak file is read as higher risk.
Picture a Tampa restaurateur with a 640 score who applies, expecting the old fair-credit reputation. Under the current minimum credit score of 660, the application is declined.
The small business loan application process runs online through Amex, and most applicants finish in just a few minutes. You open an account, share basic details about your company, and link the accounts that reflect your business performance, keeping the application process light on paperwork.
Confirm the line of credit suits the need first. A revolving line rewards recurring short term expenses; a one-time purchase with a long payback may fit term loans or other loan products better, and traditional lenders may price those lower.
The form asks for your business name, industry, EIN, and Social Security number, as well as a valid business checking account to connect. Linking that account lets Amex read recent bank statements and cash flow data instead of collecting a stack of documents for reference only.
The application process returns a decision in minutes. If approved, you see the limit, the available terms, and the exact monthly fee on any draw before you accept, so the loan agreement holds no pricing surprises and you know your payments up front.
Once open, you can draw funds as needed and send them to your account. After you sign the loan agreement, Amex says funds may take 1 to 3 business days to post, depending on your bank.
The funding is legitimate. It is a real product from Amex, an FDIC-member bank. Most public Kabbage reviews predate the 2023 rebrand; the newest review on Kabbage’s Trustpilot page is dated February 1, 2023, so those reviews say little about the current Amex product.
Across BBB, Trustpilot, and small business forums, the positive reviews still center on speed and the simple application. The negatives cluster around two themes: support that is harder to reach than before, and lines being reduced or closed with little warning after the migration. Many reviews still describe Kabbage as an independent lender, which no longer reflects the current product.
American Express states that a line can be adjusted at any time based on factors such as your business’s financial health. Owners who rely on a line for core cash flow may want a backup source of funds. It helps to separate two things that reviews often blur: a lender’s reputation and a lender’s product are not the same, and the acquisition changed one of them far faster than the other.
The recurring praise is access: speedy approval, sparse paperwork, and funds that reach business accounts promptly. For many operations, velocity justifies the higher price, and the tidy dashboard keeps payments and balances visible at a glance. Owners with steady deposits tend to be the happiest borrowers.
The recurring warning is stability. Some borrowers, mainly in 2022 and early 2023 Trustpilot reviews, reported reduced limits, slow support, and account closures. On credit reporting, American Express says it obtains consumer credit reports when you apply and reports your payment status to consumer credit agencies in line with the loan agreement.
Some complaints from 2022 and 2023 involve a frozen account or a line cut during the platform move. The negative reviews on this point are consistent. If your livelihood leans on those funds, treat availability, not price alone, as part of the risk.
The business line of credit is strong on access and fee transparency; the trade-offs are the cost of frequent draws and the chance of line adjustments. For most owners, the sharper question is not the headline rate but whether a single-product line will still be there when cash flow turns.
The pros are real for the right small business owner: fast business funding, light paperwork, an accessible credit line, and a revolving structure that helps manage cash flow across uneven months. The cons are a monthly fee that adds up on frequent draws, a line the lender can adjust, and a single financing product. Weigh the speed against the cost and the stability.
| Pros | Cons |
| A quick online application | Monthly fees add up on frequent draws |
| Light paperwork through account linking | Line can be adjusted by the lender |
| Accessible credit and revenue minimums | Older reviews cite reduced or closed lines during the 2022-2023 migration |
| Revolving access aids cash flow management | A single financing product |
If the line does not fit, the small business lending market offers plenty of flexible funding options with flexible repayment terms, and a few names come up most when owners compare. Each suits a different profile, and the right answer depends on your file.
OnDeck offers short-term loans and a business line of credit up to $100,000, with a personal credit minimum of 625. Owners who need a larger credit line or whose revenue pattern does not fit underwriting can be matched through the United Capital Source network to the lender best positioned for the file.
Bluevine offers a business line of credit up to $250,000 and pairs its lending with business checking accounts. Owners who would sooner have several lenders’ criteria screened in a single application than commit to a single ecosystem tend to do better with a marketplace.
Fundbox leans toward newer businesses, asking for as little as six months in operation and a personal score near 600, with funds as soon as the next business day. It offers business lines of credit and term loans. When a business is too new or too thin for one lender’s box, a marketplace can route the same file to the partners most likely to approve it.
It is worth stepping back to see that these options compete on the same two axes, speed and accessibility, and seldom on what happens to you in year two. Traditional banks still offer the lowest interest rates for strong files, but a sluggish process and stricter thresholds nudge many businesses toward quicker access to capital. That trade between price and speed is the gap a marketplace closes by weighing flexible financing options and lender services against one file.
| Option | Best for | Trade-off |
| Amex line (formerly Kabbage) | Established owners wanting fast, flexible draws | Monthly fee per draw; one product only |
| OnDeck | Speed and fair-credit access | Cost can run high; higher interest rates than banks |
| Bluevine | Owners wanting lending plus business checking | Best fit for stronger revenue profiles |
| Fundbox | Newer businesses needing quick, small lines | Lower maximums and shorter terms |
| Traditional banks | Lowest cost for strong, established files | Slow; high bar; thin files read as high risk |
| UCS marketplace | Comparing many lenders from one application | You speak with a funding specialist, not a self-serve app |
The verdict: a sound tool for established owners who value speed and published fees, and a weaker fit for businesses under a year old or those seeking the lowest cost. A decline from one lender is a decline from one set of rules, not a verdict on your business.
This is where a marketplace works differently from a single product. United Capital Source packages a single application and submits it to an 80+ lender network, so if one partner passes, your file moves to the next best fit without restarting paperwork. Those services give many small businesses quick access to multiple solutions and faster access to funds. We would sooner tell you to keep what you have and come back later than push a product that does not fit how your cash flow moves.
Picture a Sacramento, California, wholesaler rejected by a single-product issuer. With one packaged file, United Capital Source matched the business to a $120,000 facility in three business days, with no document resubmission, and the money in the bank fast. Revolving credit for a small business owner was once something only a bank could grant or withhold, and the spread of non-bank options over the past fifteen years is much of why an owner with a 600 score now has paths a 2010 owner did not.
We have facilitated more than $1.6 billion for over 40,000 businesses, hold 1,600+ five-star reviews on Trustpilot and Google, and our team is NMLS-licensed. The point is not that this product is wrong; for many owners, it is a fine choice, and we will say so. It is that you deserve more than one answer before you commit your money and your future payments.
| “After fifteen years in this business, the lesson I trust is that the right funding is the one that is still working for you in year two, not only the one that funds quickly in week one.” Jared Weitz, CEO and Founder of United Capital Source |
Amex bought the company in 2020, folded the lending product into the Business Blueprint platform, and retired the old brand in early 2023. The funding lives on as an Amex business line of credit.
Yes, in effect. Amex took over the lender, so the product you apply for today is an Amex line of credit and not a standalone one. Same underlying funding, new owner, and name.
A separate entity, Kabbage, Inc. (d/b/a KServicing), kept the old Paycheck Protection Program loans and filed for Chapter 11 bankruptcy in October 2022. That entity is not the line of credit you are applying for today, and the old site no longer accepts applications.
Yes. It is a real product issued by American Express National Bank. Complaints in older reviews concern service and line changes during the 2022-2023 migration, not the authenticity of the funding.
American Express says the application takes just a few minutes. After you draw and sign the loan agreement, Amex says funds may take 1 to 3 business days to post, depending on your bank.
American Express obtains consumer credit reports when you apply. American Express says it reports your funding account payment status to consumer credit agencies in line with the loan agreement.
Yes. American Express states that a line can be adjusted at any time based on factors such as your business’s financial health, so keep a backup option in mind.
Closing an account is usually minor on its own, but a missed payment or a default on an outstanding balance can be reported and can hurt your credit history. Clear any balance before you close.
It depends on the term and your quoted fee. On an 18-month draw of $50,000 at a 15% total fee, you repay the principal plus about $7,500 in fees, spread evenly, or roughly $3,194 per month.
Based on the feedback of UCS clients over the years, we give Kabbage a 4 out of 5 rating. The product is now issued by American Express National Bank with published fees and requirements; the main trade-offs are the cost of frequent draws and a single financing product. This funding can be a good fit, but it is a single product with a single set of rules. Before you commit, it is worth seeing what else your performance qualifies you for, among other small business loans, term loans, and loan products.
United Capital Source is a business funding marketplace that matches a single application across an 80+ lender network, with funding specialists and support services to walk you through the trade-offs. There is no cost and no obligation to compare lenders and services and get your funds moving.
One application, 80+ lenders: Tell us about your business once. We compare your options across the network, guide you from application to funding, and stay with you as the business grows.
This Kabbage Funding review is general information as of October 2026 and is not financial advice; rates, fees, and qualification terms change, so confirm current details with American Express and consult primary sources such as the CFPB, FDIC, and SBA before you borrow.
Disclaimer: The Kabbage Funding trademark is owned by American Express. and its use herein is for reference purposes only and it does not indicate sponsorship or endorsement from American Express.
Jared Weitz is the Founder & CEO of United Capital Source (UCS), one of the nation’s fastest-growing business financing marketplaces. Since founding the company in 2011, Jared has built a technology-enabled platform that has facilitated over $1.6 billion in funding to more than 40,000 businesses across the United States. Under his leadership, UCS has evolved into a full-service marketplace that connects business owners with 80+ lenders while providing hands-on guidance throughout the entire funding process. UCS works directly with each applicant—leveraging technology and experienced funding professionals to match businesses with the right financing options, structure deals, and guide them from application through funding and future growth. Jared’s work has earned national recognition, including the National Commercial Loan Broker of the Year award in 2019, and placements on the Inc. 5000 list in 2015 and 2017. He also serves as Broker Council Co-Chairman for the Small Business Finance Association, where he helps advocate for expanded access to capital for small businesses nationwide.
