credibly reviewCredibly has been working with businesses since 2010, finding financing solutions to help them grow. Credibly originally launched as RetailCapital, but after significant growth, it re-branded as Credibly in 2015. It leverages data science and technology, combined with a focus on the customer experience to offer a popular and successful Fintech platform. 

With affordable rates, a simple application process and quick access with a high approval rate, Credibly is an accessible financing solution for all businesses. 

What type of funding does Credibly provide?

Credibly offers a wide range of loans to suit all types of businesses, including working capital loans and small business expansion loan products. 


requirments_icon1Loan Amount
From $5,000 to $250,000 

Up to 24 months 

Fund received
Within 48 hours 

What do I need in order to qualify for funding?

In order to qualify for a loan from Credibly, you need to meet certain criteria: 

  • You must have been in business for at least 6 months 
  • In the last 3 months, you must have at least $10,000/ month deposited into your bank account 

How do I apply to get funding?

Applying for a loan from Credibly is quick and simple. Apply via the online form and include details about your business and how much money you want to borrow. The pre-qualification process is quick. You will then need to provide further documentation and wait for approval. 

Find the right funding for your business

What is the process to receive funding?

Once approved for a loan, the cash could be in your bank account in as little as 48 hours. 

Does Credibly run a edit check?

Yes, once you have signed the application, Credibly will access your credit score. However, there is no credit check for the pre-qualification stage.

Do I have to provide security or a guarantee?

Yes, Credibly offers secured loans so you will need to put up collateral until you have paid back the loan. A personal guarantee from the owner of the business may be required.

Are there fees involved?

There are no application fees for Credibly.

What are the loan rates?

Loan rates range from 9.99% – 36%.

What documentation do I need to provide?

You will need to provide documentation to verify your name, your business name, your credit rating and your bank statements. You will be contacted if you need to provide any other documentation.

How long will it take for money to get into my account?

You can be provided with an offer within 24 hours and you can receive your funds within as little as 48 hours.

What happens in the case of a default?

Credibly’s customer success team will work closely with the business to ensure the payment schedule works for the business; however, if you default on a loan, the collateral you put down will be at risk.

Is Credibly Regulated?

In 2011, Credibly began operation as a joint venture with Troy, Michigan-based Crestmark Bank. In 2015, it entered into its first large bank facility with Alostar Bank of Commerce and Capital Source.