Key takeaways

  • Fundible and Credibly both offer conventional and alternative funding options
  • Choose Fundible for flexible requirements
  • Choose Credibly for short-term funding

If you’re a business owner needing financing, exploring your loan options is recommended, as it will help you find the best loan that suits your business needs. Fundible and Credibly are two lenders that offer different types of business loans catering to borrowers of varying profiles.

We’ll compare Fundible and Credibly, highlighting their key features and benefits to help you make an informed decision.

Fundible vs. Credibly at a glance

Fundible and Credibly both offer multiple loan products, including conventional and alternative business loans with generous loan limits. They greatly differ when it comes to loan eligibility, with Fundible having the more lenient requirements, making it a good fit for businesses with bad credit. Compared to Fundible, Credibly offers shorter terms of three to 24 months, so businesses needing assistance handling seasonal expenses may find it a suitable option.

Fundible Credibly
Bankrate Score 4.7 4.6
Best for Flexible requirements Short-term funding
Number of loan products 6 6
Loan amounts $5,000 to $10 million $5,000 to $400,000
Interest rates 1.00% Monthly rate <br />5.00% Simple interest 1.09 Factor rate
Term lengths 1 to 10 years 3 to 24 months
Personal credit score 450 550
Minimum time in business 6 months 6 months
Minimum business revenue $100,000 $300,000

Fundible business loans

Fundible offers a range of business loans tailored to various needs. Its loan products include terms loans, lines of credit, equipment financing, SBA loans, bridge loans and invoice financing or factoring, accommodating businesses with revenues ranging from $100,000 to $250,000.

It’s especially suitable for entrepreneurs with lower credit scores and startups with at least six months of operation, potentially accepting credit scores as low as 450. Since Fundible collaborates with partner lenders, each with different requirements, your loan options depend on what you qualify for.


  • Flexible eligibility
  • Loan variety
  • Generous loan amounts


  • Partner network
  • Unclear loan details
  • Restrictions on certain loans

Credibly business loans

Credibly offers diverse business financing options, including conventional loans and alternatives like invoice factoring and merchant cash advances, with short terms of three to 24 months and same-day funding for fast access to capital. The lender is unique for its minimum credit score requirement of 550, accommodating newer businesses with just six months of operation.

This accessibility sets it apart from the business loan requirements of traditional financial institutions, which often demand higher credit scores and longer business histories. However, a challenge for some may be the annual revenue requirement of $300,000.


  • Same-day funding
  • Low credit score requirement
  • Loan variety


  • Fees
  • Expensive factor rates
  • Significant annual revenue requirement

How to choose between Fundible and Credibly

Fundible’s flexible lending requirements allow it to excel in providing funding options to businesses with less-than-perfect credit, which is ideal if you want to get approved for a startup business loan. Additionally, its long-term financing solutions and generous loan amounts accommodate various business needs and growth plans.

Credibly, in contrast, specializes in short-term funding solutions. Its loan options are best suited for businesses requiring quick access to capital for immediate, short-duration needs. Credibly’s streamlined application process and rapid approval make it an attractive option for addressing urgent financial gaps.

Choose Fundible for flexible requirements

If you have a lower credit score, Fundible is the better choice for you. Fundible’s flexible credit requirement of 450 and loan variety can benefit borrowers who don’t meet stringent traditional loan criteria, which is often the case for startup businesses.

Additionally, Fundible’s terms of one to 10 years are longer than Credibly’s, leaving businesses with the option to secure short or long-term financing. And when opting for long-term financing, you can ensure stability and predictability, allowing for strategic planning, expansion and investment in assets, such as furniture, equipment or machinery.

Choose Credibly for short-term funding

Credibly is a top pick for your business if you need quick access to funds and can manage shorter repayment periods. Compared to long-term financing solutions that are ideal for large purchases such as real estate and equipment, short-term business loans are ideal for more immediate business needs. For example, if a business wants to explore growth opportunities, cover seasonal expenses or address unexpected obstacles in cash flow without committing to long-term debt.

Similar to Fundible, Credibly is flexible with its lending, requiring only a 550 credit score and six months in business. Where things might get tricky for some businesses is the minimum annual revenue of $300,000, which is higher than Fundible’s $100,0000 requirement.


If your business needs extend beyond what Fundible or Credbily can provide, consider exploring alternative lenders.

If you are an established business with good to excellent credit and low annual revenue, Funding Circle could be your perfect lender since its annual revenue requirement is only $50,000. Or if you’re a startup with bad credit, Fora Financial offers terms of up to 16 months and loans between $5,000 and $1.4 million.

Business credit cards

Rather than pursuing a traditional business loan, you can apply for a business credit card, which offers flexible credit access, similar to a business line of credit. A business credit card allows you to manage day-to-day expenses without committing to borrowing a large lump sum. Some come with introductory APRs, and interest only accrues if you don’t pay your balance in full each month.

SBA loans

Another avenue to explore is SBA loans. Both Fundible and Credibly offer SBA loans, but it’s worth noting that other types of SBA loans, such as microloans and Community Advantage loans, may better suit your needs. These loans often come with lower eligibility requirements and affordable rates, making them accessible to a broader range of business owners.

SBA loans typically take months to get approved and funded, but if you work with an SBA Preferred Lender, like Wells Fargo or Live Oak Bank, you can expedite the process and get your funds faster.

Bottom line

Choosing between these two lenders depends on the specific time frame and nature of the funding needs, with Fundible offering flexibility and Credibly focusing on short-term relief. As you compare these two lenders, evaluate your credit score, time in business and desired loan terms carefully before making a decision on which one has the best small business loan for you.

Remember that there are alternative lenders and loan types, including SBA loans, so explore all your choices to find the best fit for your business.

Frequently asked questions

  • Qualification criteria vary among lenders, but factors like your credit score, business revenue and time in business are often considered.
  • Getting a loan to start a business can be smart because it can get you access to capital, but it’s essential to carefully assess the risks and your ability to repay the loan.
  • Credibly typically requires a minimum of six months in business.