Credibly Small Business Loans Review

Rating: 7.5 / 10 (Very good)
Disclosure: We receive advertising revenue from this partner. 
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Credibly is a lending and capital platform founded in 2010 in Michigan, with additional offices in Massachusetts, New York, Michigan, and Arizona. They help small and medium businesses obtain access to funding through merchant cash advances, working capital loans, and business expansion loans. Credibly has an A+ BBB rating.

How is Credibly rated?


Loan Options
Application Process
Rates & Fees

Overall Rating: 7.5 / 10 (Very good)

Credibly offers a standard term loan product, with shorter than normal repayment terms. The company's APR is competitive for alternative small business lenders, and actually quite good considering the shortness of the term. Credibly also has good marks for customer service, but a higher than average annual revenue qualification.

Loan Options

Available Loan Types

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

Term Loans

Min Loan Amount
Max Loan Amount
Min Term Length
18 months
Max Term Length
24 months
Repayment Terms
Fixed daily or weekly payments.

Loan Options - 7 / 10

Credibly offers shorter term loans of up to $250,000, with repayment terms of 18 or 24 months. The company offers small business loans and working capital solutions that are tailored to individual business needs. Many of our top providers offer much higher limits for term loans and longer repayment periods.

Credibly Rates & Fees

Term Loans


Term Loans

Fees: A one-time 2.5% (of total loan) set up fee.

Rates & Fees - 8.5 / 10

Credibly's Business Expansion Loan APRs can range anywhere from 12.47% to about 39.52%. Given the nature of small business financing, and shorter repayment terms, this is more or less standard for the industry. They also add on a 2.5% set up fee.

Application & Qualifications

Online Application
Funding Time
As little as 48 hours.
Min. Annual Revenue
Additional Qualification Requirements
No Recent Bankruptcies

Application Process - 7 / 10

Credibly allows customers to pre-qualify quite quickly. The company can get you an answer fast as to your eligibility. After approval, funding can occur as fast as 48 hours. Credibly only requires 6 months in business and no minimum credit score. However, annual revenue must be at least $240,000.

Credibly Reputation

Customer Feedback

TrustPilot Score
9.4 out of 10
BBB Rating
BBB Negative Reviews
Date Collected

Reputation - 7 / 10

Credibly has a relatively strong Trustpilot rating of 9.4 and an A+ BBB rating with few complaints. Customers generally praise the company for its friendly and attentive representatives, not to mention short hold times.

Contact & Additional Information

Homepage URL
Company Phone
(888) 466-0535
Headquarters Address
1250 Kirts Blvd #100, Troy, MI, 48084
Mailing Address
1250 Kirts Blvd #100, Troy, MI, 48084
Year Founded

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Our Partner
7.5 / 10
  • Live Chat Support
  • A+ BBB Accredited
  • Get Pre-Qualified Online
  • Loan up to $250,000
  • Loan term of up to 24 months
  • One-time Setup Fee of 2.5%