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<p>[QUOTE=&quot;Danester, post: 1214968, member: 17058&quot;]In general like most sellers, I grumble about PayPal taking their 3% cut on my sales. But in the last couple weeks I&#039;ve become a big fan of Kabbage.com because I can get a line of credit without putting up collateral like my house or other <span style="color: #222222"><font face="Verdana"><font face="Verdana">assets </font></font></span>that traditional banks want you to do. </p><p><br /></p><p>Here is an example - I&#039;m at at a County <span style="color: #222222"><font face="Verdana"><font face="Verdana">Administrator </font></font></span>Auction and I find some items I know I can double my money on, but I need $500 now to cover the deal. I just use my iPhone or iPad to unlock my line of credit and agree to a repayment schedule where payments are automatically deducted from my PayPal account. Within minutes the $500 hits my PayPal account and I use my PayPal Debit Card to pay for the items. In reality I&#039;ll pay back the $500 sooner than the payment plan requires, and begin waiting for the next big deal. Yes, I&#039;ll be charged 7% simple interest - but that&#039;s a cost of doing business.[/QUOTE]</p><p><br /></p>

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