Yesterday Kabbage, a startup that provides capital to small businesses, and Outright, an online bookkeeping and tax software provider, announced a partnership:
“Kabbage uses Outright’s transactional data on an anonymous basis to help qualify and approve small businesses for cash to grow. Upon pre-qualification, the businesses go through an automated and painless application process to receive working capital, typically accessing their cash in less than 10 minutes.”
To learn more, watch Kabbage’s FinovateEurope 2012 demo and Outright’s FinovateFall 2010 demo.