Yes, borrowers have the option to pay off their Kabbage loan early without incurring any prepayment penalties. This flexibility can be beneficial for those looking to reduce the overall interest paid on the loan. By paying off the loan ahead of schedule, borrowers can save money in the long run and potentially improve their cash flow for other business needs. It is advisable for borrowers to review their loan agreement and Kabbage's policies, as these documents will provide additional details about payment terms and processes. For further information or specific inquiries, it might be useful to check Kabbage's official website, where the latest information can be found.
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