Virtue signaling in the financial sector by Kabbage, Inc.

[DispositionMatrix]

Small business lender will stop loans for AR makers

Atlanta-based lending service will not fund businesses that manufacture “assault style” firearms or ones that sell guns and ammo to buyers under 21.

With Monday’s statement, Kabbage Inc joined a growing list of financial companies to take a stand following the school shooting in Parkland, Florida, that left 17 people dead and 15 injured.

“The technology community must work to prevent these horrifying and heartbreaking events from robbing our children of their futures,” the company said, adding the company will donate up to $350,000 to victims and to gun violence prevention charities.

 

[Dennis in MA]

Yeah. That'll last until they are looking for business and all this quiets down. Then it will be silently deleted as policy, or just tacitly ignored.

A "growing list." Hell, if you have one company on that list, and you get a second, not only is it a GROWING list, it f'ing DOUBLED!

 

[JohnZ]

Does this mean they will boycott any company with a .gov contract? .gov gives military style assault weapons with high capacity clips to people who are less than 21.

ETA: Heck, .gov even gives them bazookas.