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Rob Frohwein, CEO of Kabbage Adam Jeffery | CNBC In late March, with the coronavirus pandemic forcing mom-and-pop stores across the country to shut down indefinitely, small business lender Kabbage put on leave a “significant number” of employees and suspended its credit operation, anticipating the contraction of its clientele. But CEO Rob Frohwein, who co-founded …

Amazon is reportedly partnering with Goldman Sachs to launch a digital line of credit for its U.S. sellers through the bank’s digital-only banking arm, Marcus, through CNBC. Business Insider Intelligence Amazon sellers will receive invitations to apply for lines of credit up to $ 1 million from Marcus, with a fixed annual interest rate between …