Lender review
Credibly Business Loans, Reviewed
A data driven direct funder with a 500 credit score floor and same day funding for businesses with steady monthly deposits.
Lender review
A data driven direct funder with a 500 credit score floor and same day funding for businesses with steady monthly deposits.
Credibly scores over 130 data points on cash flow and revenue rather than leaning on credit score alone, which lets it fund businesses as low as 500 FICO. Its own working capital loan and merchant cash advance cover the short term end well, but its line of credit and long term loans route through partner lenders with a much higher 675 or higher credit bar, so the easy entry point does not apply to every product on the page.
Credibly directly funds two products, a working capital loan and a merchant cash advance, and connects businesses to partner lenders for a line of credit, equipment financing, SBA loans, and invoice factoring.
What makes Credibly different is its underwriting model. Rather than leaning on a single credit score cutoff, it evaluates over 130 data points, including your cash flow, deposit consistency, and time in business, which is why it can approve businesses with a credit score as low as 500 on its core products.
Prequalify in minutes without affecting your credit score.
Exact rates and loan amounts vary by product and by applicant; see the product breakdown below for details on each one.
Credibly funds two products directly and routes the rest to its partner network, all reachable from one application.
| Working capital loan | A lump sum from $5,000 to $600,000, repaid over 6 to 18 months through automatic daily or weekly debits. Suited to short term needs like payroll or inventory. |
| Merchant cash advance | An advance against future card and receivables sales, repaid as a percentage of daily revenue, so payments flex down in slower periods. |
| Business line of credit | Revolving credit routed through a partner lender, requiring a 675 or higher credit score and $20,000 or more in monthly revenue. |
| Equipment financing | Funding tied to equipment purchases, requiring at least 1 year in business and $25,000 or more in monthly revenue. |
| SBA loans and invoice factoring | Longer term, lower cost options and receivables based funding available through Credibly’s partner lenders for qualifying businesses. |
Rate, term, and amount figures are set per applicant during underwriting.
Credibly’s baseline bar is low, but the stronger your revenue and credit profile, the better rate you unlock.
For its working capital loan and merchant cash advance, Credibly asks for a personal credit score of 500 or higher. Its line of credit and long term loans require 675 or higher.
A business needs at least 6 months of operating history for the core products, with 1 or more years required for equipment financing and 2 or more years for long term loans.
Credibly looks for at least $20,000 in average monthly deposits into a business bank account, verified through 3 to 4 months of recent bank statements.
Credibly weighs more than 130 data points on your business’s cash flow and stability, so a lower credit score does not automatically disqualify a strong revenue business.
The application runs online and takes minutes, with Credibly matching you to the product that fits your revenue and credit profile.
Complete Credibly’s application in a few minutes. Prequalifying uses a soft credit pull and does not affect your credit score
Credibly’s underwriting evaluates your file against its own products and its partner network, then returns an offer.
Accept your offer and funds can arrive in as little as 24 hours, sometimes the same business day.
A 500 credit score minimum on its core products opens the door to businesses that most direct funders would decline.
Evaluating 130 plus data points rather than a single score means a strong revenue business can still get approved with a rough credit history.
On time payments are reported to the major business credit bureaus, an uncommon feature among short term funders.
Paying off a working capital loan or MCA early saves on interest rather than triggering a fee.
Businesses that outgrow the entry level products can move up to Credibly’s line of credit or long term loans.
The line of credit and long term loans require a 675 or higher credit score, well above the 500 floor on the core products.
Automatic short cycle debits can be difficult to manage for businesses with inconsistent cash flow.
Costs are quoted as a factor rate rather than an APR, so it takes extra math to compare against other lenders.
Yes, for its working capital loan and merchant cash advance. Its line of credit, equipment financing, SBA loans, and invoice factoring are routed through partner lenders.
Credibly’s core products accept a personal credit score as low as 500. Its line of credit and long term loans require 675 or higher.
Approval can come in as little as 4 hours, with funding available the same business day in many cases.
Credibly directly funds working capital loans and merchant cash advances, and connects businesses to a line of credit, equipment financing, SBA loans, and invoice factoring through its partner network.
Credibly looks for at least 6 months in business, at least $20,000 in average monthly revenue, and a personal credit score of 500 or higher for its core products.
No. Prequalifying with Credibly uses a soft credit pull, which does not affect your credit score.
We score lenders on loan cost, eligibility and accessibility, funding speed, and customer experience, drawing on the lender's own disclosures, public complaint records, and third party review platforms. Ratings are reviewed monthly and reflect our independent analysis; lenders cannot pay for a better score.
Compare Business Loans Online may receive compensation from some lenders featured on this page when a business applies through our links. This does not affect our ratings, which are based on independent research, or which lenders we choose to review.