Small business lender Kabbage received $200 million in revolving credit from Swiss financial institution, Credit Suisse.
The funds will used by the Atlanta-based Kabbage to scale and expand its lines of credit with longer terms to its existing customer base, as well as some of the larger small businesses.
Kabbage now has a total debt funding of $750 million.
In a statement to Finextra yesterday afternoon Kabbage Head of Capital Markets, Deepesh Jain, said: