Inspired Insider With Dr. Jeremy Weisz | Ecommerce Interviews | Entrepreneurship | Inspirational Stories | Business Lessons

Rob Frohwein cofounded Kabbage with the help of Kathryn Petralia and Marc Gorlin. The Kabbage platform has funded more than $2.7 billion in loans. They provide an advanced lending online platform to help small businesses borrow the funds they need. Kabbage has raised $236 million in equity since their formation. They have over 300 employees and 5 offices across the US and internationally. Here’s a glimpse of what you’ll learn: [1:10] Jeremy introduces his guest, Rob Frohwein. [3:00] Figuring out your next milestone. [5:30] Where did the name Kabbage come from? And what was the original idea? [10:30] Who is the ideal customer to use Kabbage? [14:00] How Rob and his team decide who to fund. [19:00] What are some of the risk factors that Rob and his team look at? [21:30] Biggest mistakes business leaders make once they receive capital. [24:30] How Rob and his team set interest rates. [28:00] Rob talks about businesses that default on their loans. [31:00] Reasons why businesses fail. [35:00] What is the cost to