Kabbage's online lending platform simplifies the manual application process to one that is 100% online and automated, allowing businesses to access ongoing lines of credit up to $250,000 and receive an answer in minutes instead of waiting weeks and filling out numerous forms like traditional lending methods. The company has expanded its lending reach with the announcement of the new Kabbage Card, which gives businesses the ability to pay for items at the point of sale with a purchasing card tied to their Kabbage account, and has collaborated with MasterCard to make Kabbage's data and technology platform available through MasterCard's network of acquirers.