Providing business owners with the most helpful amount of capital for their specific needs
Types of Small Business Loans
Credibly offers a wide array of loan products and other financing solutions to help you find a loan that fits your business plan. Whether you are looking to pursue a growth initiative or need additional working capital to support your cash flow, we’ll find the best type of loan for your unique business needs. Our short-term loans, long-term loans and other financing solutions have varying loan amounts, loan terms, repayment terms (or remittance durations)and qualifying criteria, so we can tailor the best financing solution for your business.
Other small business financing
COVID-19 Resources for Small Businesses
While small businesses are beginning to reopen around the country, social distancing guidelines and government mandates are still causing critical cash flow concerns for business owners. The Small Business Administration (SBA) Guidance and Resources page is designed to inform small business owners like you about government relief programs and help you deal with the challenges you may face as you reopen your business. Your local SBA district office can also provide additional resources, information specific to your location and help you apply for relief programs.
To learn more, visit our Small Business Guide for COVID-19.
Paycheck Protection Program: What You Need to Know Now
Since the Paycheck Protection Program (PPP) has now been through several rounds, some lenders, including Credibly, can no longer process new applications. If you have already applied to the Paycheck Protection Program and received much-needed funds, you may qualify for loan forgiveness. To apply, you need to submit your application, which is available from the SBA. For more information specific to your case, consult your loan originator (whoever you worked with to get your PPP loan).
Learn more about the Paycheck Protection Program and PPP Loans.
*As of 5/7/2020, Credibly is no longer accepting new PPP applications.
|Bank Loans||Credibly||Credit Cards||SBA Loans|
|Funding Range||$100K||$5K-$400K||Credit Dependent||Credit Dependent|
|Process||Long application, Credit inspection, business plan & industry risk||Prequalify online|
Soft credit pull only
Soft credit pull only
|Long application, Credit inspection, business plan & industry risk|
|Approval Time||Weeks-Months||As soon as same day||less than 30 Days||Months+|
|Time To Funding||∼ 2-3 Months||As soon as same day from approval||7-10 Business Days||60-90 Days+|
|Approval Criteria||Credit Score & Collateral||Overall Business Health||Credit Score||Credit Score & Collateral|
Fast, Simple Business Financing
With an online application, application review within one business day and funding delivered straight to your bank account, the Credibly experience is designed to be intuitive for business owners.
The Right Loan for YOUR Business
We design customized capital solutions to ensure your business gets the right funding type and amount for your business needs and goals.
Best-in-Class Customer Service
Credibly business experts are standing by to help you, from the first time you submit an application until you pay off your final business loan with Credibly.
Effortless Automatic Payments
Payments are automatically remitted from your bank account, so you can focus on running your business.