Kabbage and UPS Partnership Fuels Small Business Growth
Effective today, small businesses will be able to direct UPS to share their shipping history with Kabbage via the Kabbage.com website, making it possible for them to potentially obtain more capital at lower rates. In addition, seeing an opportunity to directly help small businesses grow, UPS Capital has provided Kabbage with a new debt facility specifically intended to fund small e-commerce businesses through Kabbage’s proprietary system.
“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.”
The relationship between Kabbage and UPS is truly innovative and will enable Kabbage to potentially increase working capital lines when businesses choose to share their UPS transaction data, which includes information related to the number and frequency of packages shipped. The fact that UPS Capital also is providing a credit facility to Kabbage in connection with this new data relationship reinforces UPS’s commitment to small business.
Keyword strategies, search engine optimization and client profiling must lie at the very core of an effective Internet marketing strategy. Don McCauley is a marketing strategist with over 30 years of experience. He helps individuals, small businesses