Founded in 2010 and headquartered in Southfield, Michigan, with additional offices in New York and Arizona, Credibly has provided more than $2 billion in financing to over 30,000 small businesses nationwide. The platform is purpose-built for operators who need capital fast and whose credit or tenure profile disqualifies them from traditional bank underwriting, so it's a strong option for early-stage HVAC contractors, seasonal shops with lumpy revenue, or owners rebuilding after a rough year.
Core products include working capital loans up to $600,000 with factor rates starting at 1.15, merchant cash advances up to $600,000 tied to future card or deposit receivables, business lines of credit, long-term business-expansion loans, and equipment financing. Minimum qualifications are forgiving by industry standards: roughly 6 months in business, $15,000+ in monthly revenue, and FICO scores around 550. Applications are fully online, with approval decisions in as little as 2 hours and funding often the same day.
For HVAC operators specifically, Credibly publishes content and calculators targeted at contractors, and its working-capital product is well suited to smoothing the seasonal gap between summer cooling demand and slower shoulder months. Because Credibly is a direct lender on most products and a broker on others, it can also place larger SBA and longer-term deals through its partner network, giving HVAC owners a single point of contact across the capital stack.