Kabbage Platform

Simple monthly repayments

Use our calculator to estimate your monthly payments before you apply

Questions?

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You can take out a loan from £500 up to the value of your approved limit (a maximum of £100,000).

You'll pay back each loan over 6 months. In each month you'll pay back a sixth of the original loan amount ("the principal") plus a monthly interest charge. The total interest charge for the six months will range between 6 and 26%. The interest charge paid will be between 1 and 11% for each of the first 2 months, and 1% for each of the remaining 4 months.

Sample loan calculator

Loan Term
Fee Rate
How is interest calculated?
Withdrawal amount
Move the slider to select an amount.
£
Amount must be from £500 to £100,000
Enter a loan amount
Enter exact amount
Select with a slider

Interest charge

How is interest calculated?
How is interest calculated?

Working Capital Loans have a total interest charge of between 6 and 26% over a 6 month period. You'll pay between 1 and 11% for each of the first 2 months of your loan, and 1% for each of the remaining 4 months. How much you’ll pay is based on a review of your financial circumstances.

Interest charge
How is interest calculated?
 
Principal
Total interest charge
Early payment savings

With no early repayment fees, try reducing the term to see how much you could save

960
Pay off in

    Payment schedule

  • Month
    Principal
    Fee
    Total
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • Total
showhide payment schedule

Payment schedule

  • Month
    Principal
    Fee
    Percentage
    Total
  • 1
    %
  • 2
    %
  • 3
    1%
  • 4
    1%
  • 5
    1%
  • 6
    1%
  • Total
Month
Principal
Fee Rate2
Fee2
1
  • 2
  • 3
    1%
  • 4
    1%
  • 5
    1%
  • 6
    1%
  • Total
    showhide Fee Rates
    Month 1
    Fee Rate:
    Principal:
    Fee:
    Month 2
    Fee Rate:
    Principal:
    Fee:
    Month 3
    Fee Rate:1%
    Principal:
    Fee:
    Month 4
    Fee Rate:1%
    Principal:
    Fee:
    Month 5
    Fee Rate:1%
    Principal:
    Fee:
    Month 6
    Fee Rate:1%
    Principal:
    Fee:
    Totals
    Principal:
    Fee Rate:
    Fees:
    Total loan cost
    $11,200

    Individual rates may vary and the rates shown are for illustrative purposes only. Your actual interest charge will be confirmed each time you take out a loan.

      Payment schedule

    • Month
      Principal
      Fee
      Percentage
      Total
    • 1
      %
    • 2
      %
    • 3
      1%
    • 4
      1%
    • 5
      1%
    • 6
      1%
    • Total
    Month
    Principal
    Fee Rate2
    Fee2
    1
  • 2
  • 3
    1%
  • 4
    1%
  • 5
    1%
  • 6
    1%
  • Total
    showhide Fee Rates
    Month 1
    Fee Rate:
    Principal:
    Fee:
    Month 2
    Fee Rate:
    Principal:
    Fee:
    Month 3
    Fee Rate:1%
    Principal:
    Fee:
    Month 4
    Fee Rate:1%
    Principal:
    Fee:
    Month 5
    Fee Rate:1%
    Principal:
    Fee:
    Month 6
    Fee Rate:1%
    Principal:
    Fee:
    Totals
    Principal:
    Fee Rate:
    Fees:

    Interest charges range between 6% - 26% over a 6 month loan term.

    Representative Example

    £5,000 repayable over 6 months. If the interest charge is 14% this is equivalent to 28% per annum (fixed) or 61% APR representative. The total amount repayable is £5,700 (made up of the initial loan of £5,000 plus £700 interest). As this is a 6 month loan product the annual interest rate is for comparison purposes only.

    The actual interest rate offered will be dependent on an assessment of your business performance and an assessment of your circumstances. All lending is subject to status, availability and our lending criteria. The right to decline any application is reserved.

    How much does it cost?

    interest

    Interest

    The total interest charge for the six months will be between 6 and 26%. You'll pay back each loan over 6 months; between 1 and 11% for each of the first 2 months and 1% for each of the remaining 4 months. We'll let you know how much you'll need to pay each time.

    no fees

    No set up or early repayment fees

    There are no fees to set up your Working Capital Loans account and you can repay early and save, because we don't charge early repayment fees. If you make an early repayment, we'll apply it to your oldest loan(s) first.

    repay by direct debit

    Repay by Direct Debit

    You'll repay your loans by Direct Debit. If you have multiple loans with us, we'll combine your repayments into a single monthly payment to keep things simple.

    missed payments

    Missed payments

    If you miss a payment, you'll be charge a late repayment fee of £15. Any late repayments can affect your credit score, which may make it harder to get credit in the future.

    Ready to get started?

    Apply now

    For more information, you can read the Working Capital Loans Key Facts Document (72Kb PDF) and our FAQs

    Other borrowing options are available, such as overdrafts, asset finance or business loans. Take a look at our business borrowing and finance options to find out more.