Financing milestone | Performance metric |
|---|---|
Total capital provided | $3+ Billion in financing |
Approval speed | As fast as 2 hours |
Funding speed | As fast as 4 hours |
Businesses served | 55,000+ small businesses financed |
Invest in your growth
Credibly helps provide access to long-term business loans ranging from $50,000 to $10,000,000 to support significant capital investments.
Credibly is a highly-rated long-term financing provider for established companies because we offer these core benefits:
- Direct funding advantage: As a direct financing provider, Credibly eliminates middleman delays, providing a faster path to capital than traditional bank term loans.
- Flexible loan amounts: Secure business financing from a minimum of $50,000 up to $600,000 directly, and up to $10,000,000 through our network of external partners.
- Extended repayment: Terms up to 120 months (10 years) with predictable monthly payments.
- Growth-focused capital: Specifically designed to meet your business’s unique needs, whether that’s business expansion, equipment financing, or something else.
Eligibility requirements for long-term loans
To qualify for a long-term loan, your business generally needs to meet these established benchmarks:
- Time in business: 2+ years of operation required for long-term products
- Annual revenue: $500,000 in annual revenue (approximately $41,600/month)
- Credit score: A personal credit score of 500+ is required for 10-year long-term products
- Location & banking: Must operate in the U.S. and deposit revenue into a business bank account
Why choose Credibly over SBA or traditional bank loans?
- Unmatched speed of execution: Credibly provides approval in as little as 2 hours and funding in as fast as 4 hours, while SBA 7(a) and 504 loans typically take far longer to fund.
- Streamlined digital application: Credibly replaces heavy bank-style paperwork with a faster, more accessible process.
- Flexible credit tiers: While 500+ FICO is the benchmark for 10-year term loans, Credibly also helps provide access to alternative financing structures for lower credit profiles.
- Predictable monthly repayment: Long-term loans feature fixed monthly payments, supporting cash flow planning for larger investments.
What is a long-term business loan?
A long-term loan is a financing option for established businesses that need a large amount of capital at lower interest rates to maximize business potential. For businesses making large strategic investments, long-term loans are most appropriate when the return on investment plays out over several years rather than weeks or months.
Common use cases for long-term financing:
- Strategic Hiring: Funding key hires or team expansion to support future growth
- New Location Entry: Opening a new business location or entering new markets
- Asset Acquisition: Purchasing major equipment, technology, or infrastructure
- Market Expansion: Launching a new product line or investing in long-horizon growth initiatives
We are trusted by:
Get a long term business loan in 4 easy steps
Explore your options without damaging your credit score.
Apply online
Click “Get Started” to apply for a business line of credit.
Gather required documents
We require certain documents from you in the approval process. Be ready with bank statements and a government-issued ID to start.
Approval in as little as 2 hours
Your loan application will be reviewed and you can get approved in as fast as 2 hours.
Receive same-day funding
If approved, your line of credit can be ready on the same business day or even as fast as 4 hours
