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Alternatives

Credibly alternatives: compare what is actually published.

Credibly publishes a quantified early-payoff discount, which is rare. Its minimums also differ by product — worth reading carefully.

✓ Checking what you qualify for does not affect your credit score.

VerbatimAll quotes sourced
Sept 2026Last checked
9Our figures published
NoCredit impact to check

What Credibly publishes

Quoted from Credibly’s own website. Where a figure carries a qualifier such as “as low as” or “average”, the qualifier is part of the quote.

ProductsWorking capital loan, MCA, line of credit, equipment, long-term, SBA
Amounts"$5,000 to $600,000"; working capital "$25,000–$600,000"; line of credit "$5,000 to $300,000"
Rates"Factor rates as low as 1.11"; line of credit "Monthly interest rate 3-5%"
Minimum credit scoreHomepage 500+; the MCA page says 550 or higher; the line of credit page says 700+
Minimum time in business"6+ months"
Minimum revenueHomepage "$15,000+ monthly"; MCA page "$20,000"; line of credit "$20,000+"
Funding speed"Approval in as fast as 2 hours"; "funding as fast as 4 hours"
Fees"Most deals have a 2.5% origination fee, but it depends on the product"
Early payoff"When you remit your full outstanding balance in a single lump sum, Credibly can reduce the factor (cost) component of your Amount Sold by 20%"

What we publish

Same categories, our figures, so the comparison is like for like.

Line of credit$10,000 – $350,000, 12–36 months, from 1% per month
Term loan$10,000 – $250,000, 12–18 months, 0% origination
Draw fee2.49% per draw, $10,000 minimum draw
Early payoffDiscounts at 30, 60 and 90 days. Term loan: 50% off remaining interest on a full payoff
Minimum credit score650 for line of credit or term loan, 600 revenue-based, 550 on a renewal
Minimum time in business3 years for Tier 1, 6 months for revenue-based
Minimum revenue$300,000/year or $25,000/month for Tier 1, $60,000 for revenue-based
States not fundedVermont, North Dakota, South Dakota
Decision / fundingSame-day decision, next-business-day funding

Every figure above is transcribed from current lender guideline documents. See all three tiers →

Published versus withheld

A simple way to read any funder: what will they put in writing before you apply?

Published by CrediblyA quantified early-payoff discount of 20%; An origination fee figure; Per-product minimums
Not published by CrediblyAPR equivalents; State availability
Published by usAmounts, rates, draw fee, early payoff, credit floor, time in business, revenue minimum, excluded states

How the two actually differ

Credibly is one of very few funders in this market that quantifies an early-payoff discount. A 20% reduction of the factor component on a full lump-sum payoff is a real, checkable number, and most factor-rate funders offer nothing comparable.

The thing to read carefully is that its minimums move by product. The homepage says a 500 credit score and $15,000 a month; the merchant cash advance page says 550 and $20,000; the line of credit page says 700 and $20,000. None of those is wrong — they apply to different products — but quoting the homepage figure at yourself can set the wrong expectation.

Against our sheet: we discount early payoff at 30, 60 and 90 days on advance products, and a full early payoff on the term loan takes 50% off the remaining interest.

How it works

1. Apply in minutes

A short application. No impact to your credit score to see what you qualify for.

2. Same-day decision

We review revenue, time in business and bank activity — not just a credit score.

3. Review your terms

You see the amount, the term and the total cost before you sign anything.

4. Funded next business day

Money in your account, typically the next business day after signing.

Common questions

Does Credibly offer an early payoff discount?

Yes, and it quantifies it: "When you remit your full outstanding balance in a single lump sum, Credibly can reduce the factor (cost) component of your Amount Sold by 20%."

What credit score does Credibly require?

It depends on the product. Its homepage says 500+, the merchant cash advance page says 550 or higher, and the line of credit page says 700+.

What fee does Credibly charge?

Its site states "Most deals have a 2.5% origination fee, but it depends on the product."

How current is this comparison?

Figures were read directly from Credibly’s public website in September 2026. Companies change terms without notice, so confirm anything material with them before you decide.

Is this an independent review?

No, and we will not pretend otherwise — we are one of the options on this page. What we can do is quote the other side accurately and publish our own numbers in the same detail, so you can check both.

See what you qualify for

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