COMPARISON
Banked.fyi vs CAN Capital
An honest comparison to help you choose the right business funding partner for your needs.
✓ Unbiased Analysis✓ Real User Feedback✓ Updated December 2025
OVERVIEW
At a glance
B
Banked.fyi
RECOMMENDEDA modern business funding marketplace that connects you with 75+ lenders for the best rates and terms. Transparent pricing, fast approvals, and dedicated support.
Highlights
- No hard credit pull to check rates
- Access to 75+ lenders in one application
- Same-day funding available
- Transparent fee structure
- US-based support team
C
CAN Capital
Est. 1998CAN Capital is one of the oldest alternative lenders, offering working capital loans and merchant cash advances to small businesses.
Pros
- Fast approval
- Bad credit accepted
- Long track record
- Multiple products
Cons
- Higher rates
- Not transparent
- Daily payments
FEATURES
Feature comparison
| Feature | Banked.fyi | CAN Capital |
|---|---|---|
Soft Credit Pull to Check Rates See rates without impacting your credit score | ||
Same-Day Funding Get funds deposited the same day you apply | ||
Multiple Lender Options Compare offers from multiple lenders | ||
Bad Credit Accepted Options for credit scores below 600 | ||
No Collateral Required Unsecured funding options available | ||
Transparent Pricing Clear fee structure with no hidden costs | ||
Dedicated Advisor Personal support throughout the process | ||
Maximum Loan Amount Highest available funding | $5,000,000 | $250,000 |
Minimum Credit Score Credit requirements | All credit types | 550+ |
Time in Business Required Minimum operating history | 3 months | 1 year |
APR Range Interest rate range | 7.5% - 45% | 20% - 99% |
Funding Speed How quickly you can get funded | Same day - 7 days | 1-2 days |
Rate Competitiveness How competitive are the offered rates | 4.5 | 3.0 |
Application Experience Ease and speed of the application process | 4.5 | 4.0 |
Customer Support Quality Responsiveness and helpfulness of support | 5.0 | 3.0 |
RATINGS
How they compare
Interest Rates
Banked.fyi
4.5
CAN Capital
3.0
Funding Speed
Banked.fyi
4.5
CAN Capital
4.0
Customer Service
Banked.fyi
5.0
CAN Capital
3.0
Flexibility
Banked.fyi
5.0
CAN Capital
4.0
Overall Experience
Banked.fyi
4.5
CAN Capital
3.0
OUR VERDICT
Banked.fyi edges out CAN Capital
Both are solid options, but Banked.fyi's marketplace model gives you more flexibility and options. CAN Capital excels at fast approval, but for most businesses seeking the best rates and terms, Banked.fyi's ability to compare multiple lenders in one application is a significant advantage.
FAQs
Common questions
Is Banked.fyi better than CAN Capital?+
Both options have their strengths. Banked.fyi is a lending marketplace that connects you with 75+ lenders, giving you more options to compare. CAN Capital is a direct lender with fast approval. The best choice depends on your specific needs, credit profile, and funding timeline.
What are the main differences between Banked.fyi and CAN Capital?+
The key difference is that Banked.fyi provides access to 75+ lenders through one application, while CAN Capital offers funding directly. Banked.fyi offers loan amounts up to $5M with funding as fast as 4 hours, while CAN Capital offers up to $250,000 with funding in 1-2 days.
Which has better rates: Banked.fyi or CAN Capital?+
Rates vary based on your business profile, credit score, and loan type. Banked.fyi's marketplace model often helps businesses find more competitive rates by comparing multiple lenders. CAN Capital's rates range from 20% to 99%. We recommend checking both to see which offers better terms for your situation.
What credit score do I need for CAN Capital?+
CAN Capital typically requires a minimum credit score of 550+. Banked.fyi works with all credit types and can connect you with lenders even if you have bad credit, giving you more options to explore.
How fast can I get funded with CAN Capital vs Banked.fyi?+
CAN Capital typically funds in 1-2 days. With Banked.fyi, depending on the lender match, you can receive funding as fast as 4 hours for certain products, though most loans fund within 1-7 days.
Does CAN Capital do a hard credit pull?+
CAN Capital may perform a hard credit pull as part of the application process. Banked.fyi never performs a hard credit pull when checking your rates—only when you choose to proceed with a specific lender.