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Kabbage CEO on Filling Gap for Small Business Loans
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Kabbage CEO Marc Golin on investing in e-commerce and providing capital lines to small businesses.
- Duration 3:06
- Date Aug 22, 2011
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Kabbage CEO Marc Golin on investing in e-commerce and providing capital lines to small businesses.
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Q now somehow it got light a fire -- small business and not just the mom and pop brick and mortar type businesses but the growing number of Internet firms now recent government report -- That's small business lending fell about 9% last year not good.
But one company out of the land as looking to fill that gap by investing in e-commerce here to tell us more is.
Mark -- co-founder and chairman of cabbage smart great seeing first what's behind it -- -- -- cabbage and YE commerce.
-- cabbages and -- of them for money and it's Green in that.
People don't tend to forget the name cabbage and why commerce this is sort of the the unsung heroes of the economy -- the small businesses that only get treated as a credit scored people don't look at all this other information about their business.
What -- has been able to do is look at.
All this data from what -- customers think of them online to eventually what they're saying on FaceBook and Twitter.
Bring this together and at this point we can take them from landing on our site putting money in their account to grow their business and less than ten minutes the -- -- eight minutes at this point.
That's amazing you know in other companies or other corporate environments -- -- for -- simply is micro lending.
So tell me about why -- it is about the services you --