#9. Kathryn Petralia
COO & Co-founder, Kabbage
For more than two decades, Kathryn Petralia has been dedicated to working with startups and established companies focused on credit, payments, technology and ecommerce. In 2009, Petralia co-founded Kabbage, a small business lending site, which started with three employees and now has more than 80. To Petralia, Kabbage is more than a company—it’s a belief in the power of small business to make a difference in people’s lives. Kabbage has more than 100,000 customers and has provided almost $1 billion in loans. Before she helped grow Kabbage, Petralia was vice president of strategy at Revolution Money, an Internet-based credit startup based in Florida. Earlier she was one of the founders of WorthKnowing.com, a consumer financial services portal later bought by CompuCredit and TransUnion. With her B.A. in English Literature from Furman University, she entered grad school and planned to become an English professor before being drawn to the possibilities opened up by the Internet. These days, she’s Kabbage’s resident grammar expert. Petralia credits her extensive experience in the early dotcom world to her success. Surviving the 2000 tech bubble burst firsthand made a lasting impression on her. She says it taught her to invest where it will have the most impact by benefiting customers, employees and backers. Helping small businesses quickly get the resources they need remains her priority.
Are You Qualified
There is more to a borrower than just a credit score. Your BVI (Borrower Viability Index) shows lenders the whole picture—who you are as a business and as a borrower. Before you submit any information to a bank or alternative lender, find out how likely you are to be approved.