Credibly

Founded in 2010, Credibly has established itself as an innovative fintech lending platform focused on providing accessible capital to small and medium-sized businesses across various industries. Unlike traditional lenders who often rely heavily on credit scores and extensive operating history, Credibly takes a more holistic approach to evaluating businesses, considering their overall health, cash flow patterns, and growth potential. Their data-driven underwriting model allows them to serve a wider spectrum of businesses, including those with less-than-perfect credit histories or limited time in operation that might be declined by conventional banks. This approach has enabled Credibly to distribute hundreds of millions in capital to thousands of businesses across the United States, positioning them as an important alternative financing source in the small business ecosystem.

What distinguishes Credibly in the alternative business lending landscape is their commitment to transparency, responsible funding practices, and personalized service. Their application process is streamlined and straightforward, with minimal documentation requirements compared to traditional bank loans. Decisions are typically provided within 24 hours, and approved applicants can access funds quickly—often within the same business day. Credibly offers multiple financing products designed to meet different business needs, including merchant cash advances for businesses with strong daily credit card sales, working capital loans for general operational expenses, and business expansion loans for growth initiatives. This multi-product approach allows them to match businesses with the most appropriate funding solution based on their specific circumstances rather than forcing them into a one-size-fits-all product.

Credibly serves businesses across diverse industries, including retail, restaurants, healthcare, professional services, and construction, among others. Their flexible requirements make them accessible to businesses that might be considered too risky by traditional lenders, with minimum credit scores starting as low as 500 for certain products and funding available for businesses with as little as six months of operating history. They offer funding amounts ranging from $5,000 to $400,000, accommodating both modest capital needs and substantial growth initiatives. For business owners seeking alternatives to traditional bank financing, whether due to credit challenges, time constraints, or specialized funding needs, Credibly offers a responsive approach to securing capital with terms that can be tailored to align with the business's cash flow patterns and operational realities.