Interesting model for determining a biz line of credit but the loan shark level of fees is crazy https://www.kabbage.com/how-it-works/
The alternative lenders largely distinguish themselves by issuing to businesses that banks won't issue to.
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I have one for emergencies for Kalzumeus simply because BoA said "Hah, too small to underwrite. Want a credit card?"
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I suppose but 6 month repayment period with 12.5% fees and prob very neg late payment fees seems to limit its usefulns
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well, in the "disruptive" personal lending space (e.g. lending club) the rates are better than banks except HELOC
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