Able Lending Small Business Loans Review

Rating: 8 / 10 (Very good)
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Able Lending is a Texas-based company founded in 2009, offering friends and family loans, growth loans, and debt refinance. They provide online lending services to small businesses all across the United States, by combining aspects of peer-to-peer lending with traditional bank financing. They have an A+ rating with the BBB, with no complaints filed.

How is Able Lending rated?


Loan Options
Application Process
Rates & Fees

Overall Rating: 8 / 10 (Very good)

Able Lending was founded in 2015 as an odd hybrid of crowdfunding, P2P lending, and traditional installment loans. Initially, customers were able to choose between getting funded by Able, friends and family, or a mixture of both. This business model was recently discontinued, and Able now operates wholly as a traditional lender, offering SBA loans, term loans, lines of credit, and invoice financing. After the switch, the company currently does not provide much information as to the specifics of their loan products.

Loan Options

Available Loan Types

SBA Loans
Term Loans
Lines of Credit
Invoice Financing
Merchant Cash Advances
Equipment Loans

SBA Loans

Min. Loan Amount
Max Loan Amount
Max Term Length
25 years

Term Loans

Min Loan Amount
Max Loan Amount

Loan Options - 8 / 10

Able is a small business lender that provides SBA loans, term loans, lines of credit, and invoice financing. The company stands out by offering very high maximums for term loans and lines of credit.

Able Lending Rates & Fees

SBA Loans


SBA Loans

Fees: There are no fees for loans under $150,000. Loans of $150,001 to $750,000 are charged 3%. 3.5% for loans from $750,001 to $1 million and 3.75% above $1 million.

Term Loans

Fees: Able advertises a 4.25% interest rate for its small business loans, but without fees and terms we are unable to calculate an accurate APR.

Rates & Fees - 7.9 / 10

Able Lending advertises rates starting at 4.25%. However these are only base rates and without terms and associated fees, we cannot estimate the actual APR with any degree of accuracy.

Application & Qualifications

Online Application

Application Process - 7.9 / 10

Able offers a quick online application, but does not volunteer much in the way of what is required in order to actually qualify for their loans.

Able Lending Reputation

Customer Feedback

BBB Rating
Date Collected

Reputation - 8.2 / 10

Able Lending has a paucity of reviews online. This could be because the company has not been in operation for very long. They have no Trustpilot score or BBB accreditation.

Contact & Additional Information

Homepage URL
Company Phone
(866) 229-0272
Headquarters Address
800 Cesar Chavez St. B101, Austin, TX, 78701
Year Founded

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Top Rated
Our Partner
9.6 / 10
  • Our #1 Choice: A+ BBB Rating - 9.4 of 10 on TrustPilot
  • Largest Small Business Online Lender - 50k+ Customers
  • Loans up to $500k, and Lines of Credit up to $100k
  • Decision in minutes - no obligation
  • Funding in as fast as 24 hours
  • Must have 100k in revenue, minimum 12 mo in business, 500+ Fico