AmiSight 6/20: Does QuickBooks Need to Be in the High-Interest Lending Business?
- Ami Kassar
- Jun 20
- 1 min read
Last week, I wrote my 21hats column about the perils of alternative lending and how these programs can harm small businesses. In my mind, it adds more insult to industry when big brands, who purport to be friends of small companies, push these programs on their customers.
According to deBanked, QuickBooks Capital is continuing to grow. It generated $35 million more revenue in Q3 FY2025 than it did over the same period last year, according to the company’s latest earnings report.
Does Intuit, whose total quarterly revenue was $7.8B, really need to be in this business?
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