Kabbage offers a line of credit, even though its website may refer to its product as Kabbage Funding. A line of credit allows you to draw money as needed from a set amount, while a loan provides a lump sum of money all at once. Kabbage treats each withdrawal from your credit line as an individual loan and creates a new loan agreement every time. Each withdrawal amount has its own repayment terms and fees. You could read more about the differences between a business line of credit and a loan.