Advertiser & Editorial Disclosure

Intermediate-Term Loan by Credibility Capital

Intermediate-Term Loan by Credibility Capital

Credibility Capital provides fair, affordable funding to help small businesses grow and succeed. They offer transparent, fully amortizing term loans from $50,000 up to $500,000 that are paid in fixed monthly payments over 1 to 5-year terms. Rates start as low as 7.49% and there are no prepayment penalties or other hidden fees. Their application takes just 5 minutes to complete and applying will not effect your credit score. Their superior product, simple process and best-in-class customer service have earned an A+ grade from the Better Business Bureau.

Nav's Verdict

Cost
30% Complete
LowHigh
Effort to Apply
30% Complete
EasyDifficult
Funding Speed
90% Complete
MonthsMinutes
Repayment Terms
90% Complete
MonthsYears

8/10

Bottom Line

If you have a strong personal credit history and strong current business sales, this option is for you.

Pros

Low interest rates, great terms and access to large loan amounts.

Cons

Must have strong personal credit. Requires more detailed documentation than some offers, so make sure you have your last 2 years taxes, P&L, and balance sheet prepared to share with the lender.

Qualification requirements

Time in Business

At least 24 months in business

Personal Credit Score

Must have a FICO score of at least 650

State Restrictions

Cannot lend to businesses located in Nevada, North Dakota, South Dakota, or Vermont

Cost
7.49% - 24% APR
Repayment Duration
Monthly or bi-weekly payments for 12 to 60 months
Funding Amount
$50,000 - $500,000
Origination Fee
3% - 5%
Funding Speed
3 - 7 Days

Reviews

Reviews Disclosure: The responses below are not provided or commissioned by the credit card, financing and service companies that appear on this site. Responses have not been reviewed, approved or otherwise endorsed by the credit card, financing and service companies and it is not their responsibility to ensure all posts and/or questions are answered.