types of loans / Unsecured Small Business Loans /
Professional Loans
Get extra working capital to help your business thrive.
When should I get a professional loan?
Financing is critical to the success and growth of any business. Increasingly, doctors, attorneys, CPAs and other professional service providers are turning to small business loans to provide a boost in their growth.
As many leave the corporate or hospital workforces, getting access to extra working capital is crucial to ensuring their businesses stay on track and continue to grow. With working capital on hand, you have financial flexibility to cover business expenses such as the following:
- Expanding your practice
- Upgrading your equipment and software
- Covering gaps in cash flow due to slow reimbursement or client payment
How can I get a professional loan?
Most lenders will ask for a personal guarantee for a professional loan, increasing your risk. Traditional lenders typically require extensive credit and financial documentation, and their approval processes are lengthy. Even if you are approved, it can take days to get the business loan you need – and your opportunity could be gone by then.
At Kabbage, we want to help you cut through the red tape to get the working capital you need to fund your business. Our loans for professional service providers are available through a fast, simple application that's fully automated. Provide basic data, and we'll review your business performance to give you the funding you need – up to $250,000 – to help you hire and train employees, purchasing equipment and invest in marketing initiatives.