Credibly
Get up to $600,000 in as fast as 4 hours. Approvals from 2 hours. Flexible criteria, only 6+ months in business and $15,000/month revenue needed.
Credibly’s online small business loans offer US entrepreneurs a streamlined solution for securing much-needed working capital. With a minimum requirement of 6+ months in business and at least $15,000 in monthly revenue, Credibly opens the door to fast approval and even faster funding—ranging from $5,000 up to an impressive $600,000. Only a 500+ credit score is needed, and funds may be available in as little as 4 hours, making this loan offer appealing for businesses needing prompt cash flow support. Factor rates start as low as 1.11, making it a competitively priced option.
How to Apply: Step by Step
- Pre-qualify online by entering basic business information.
- Get approved in as little as 2 hours with a soft credit pull only.
- Discuss options with a loan advisor who helps match you to the best product.
- Receive funding directly to your business bank account—sometimes in under 24 hours.
Pros
Firstly, Credibly stands out for its rapid application process and decision-making. You can pre-qualify in minutes, and some borrowers get approved in a couple of hours, with benefit of no hard credit check to start.
The accessibility is another significant advantage. With low credit score requirements and a modest business age threshold, Credibly makes business financing available where traditional banks may say no.
Cons
One drawback is that factor rates may be higher for businesses with less robust credit profiles. Always read the terms carefully to know your total repayment cost in advance.
Additionally, very new startups with less than 6 months in business, or businesses with lower than $15,000 monthly revenue, will not qualify for these loans, limiting access for some entrepreneurs.
Our Verdict
Credibly’s small business loan offering is ideal for established businesses in urgent need of capital—with very straightforward requirements and ultra-fast funding. The flexibility of options, including working capital loans, lines of credit, and merchant cash advances, means there’s likely a solution for most established US businesses. For those who qualify, it’s a highly recommended efficient funding option.
