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Kabbage to Provide Monsoon Commerce Customers $20 Million in Capital

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Kabbage, a startup that provides working capital to small businesses, announced today it has partnered with Monsoon Commerce, an e-commerce solutions company.

Through this partnership, Monsoon Commerce customers will have access to Kabbage’s funding solution, and hundreds of them have already been pre-approved for a total of $20 million in funding.

Monsoon Commerce customers plan to use the funding for:

    • Pre-buying inventory to prepare for the holiday season
    • Expanding their marketing programs
    • Upgrading technology 
    • Expanding staff and resources

To learn more about Kabbage, watch its FinovateSpring 2012 demo.