A pioneer in online lending to small businesses has launched the Kabbage Card, a MasterCard brand prepaid card with access to loan proceeds. Kabbage’s underwriting platform, available since 2011, incorporates typical business and personal data about the applicant as well as data from over two dozen alternative sources including social media. Funding can be approved in under 10 minutes. Credit lines range from $2,000 to $100,000. Customers can take the funds in tranches, with each tranche booked as a six-month loan. Instead of waiting from one to three days while funds are transferred to thei...