COMPARISON
Banked.fyi vs Credibly
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
Credibly
Est. 2010Credibly offers working capital loans and merchant cash advances to small businesses. Known for flexible qualification requirements and fast funding.
Pros
- Bad credit accepted
- Fast funding
- Flexible terms
- Multiple products
Cons
- Higher rates
- Daily payments
- Aggressive sales
FEATURES
Feature comparison
| Feature | Banked.fyi | Credibly |
|---|---|---|
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 | $400,000 |
Minimum Credit Score Credit requirements | All credit types | 500+ |
Time in Business Required Minimum operating history | 3 months | 6 months |
APR Range Interest rate range | 7.5% - 45% | 25% - 99% |
Funding Speed How quickly you can get funded | Same day - 7 days | Same day |
Rate Competitiveness How competitive are the offered rates | 4.5 | 3.0 |
Application Experience Ease and speed of the application process | 4.5 | 5.0 |
Customer Support Quality Responsiveness and helpfulness of support | 5.0 | 4.0 |
RATINGS
How they compare
Interest Rates
Banked.fyi
4.5
Credibly
3.0
Funding Speed
Banked.fyi
4.5
Credibly
5.0
Customer Service
Banked.fyi
5.0
Credibly
4.0
Flexibility
Banked.fyi
5.0
Credibly
4.0
Overall Experience
Banked.fyi
4.5
Credibly
3.0
FAQs
Common questions
Is Banked.fyi better than Credibly?+
Both options have their strengths. Banked.fyi is a lending marketplace that connects you with 75+ lenders, giving you more options to compare. Credibly is a direct lender with bad credit accepted. The best choice depends on your specific needs, credit profile, and funding timeline.
What are the main differences between Banked.fyi and Credibly?+
The key difference is that Banked.fyi provides access to 75+ lenders through one application, while Credibly offers funding directly. Banked.fyi offers loan amounts up to $5M with funding as fast as 4 hours, while Credibly offers up to $400,000 with funding in Same day.
Which has better rates: Banked.fyi or Credibly?+
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. Credibly's rates range from 25% to 99%. We recommend checking both to see which offers better terms for your situation.
What credit score do I need for Credibly?+
Credibly typically requires a minimum credit score of 500+. 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 Credibly vs Banked.fyi?+
Credibly typically funds in Same day. 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 Credibly do a hard credit pull?+
Credibly 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.