The specs
Accord Business FundingCredibly
Product typeMCAMulti-product
Amount range$5K – $150K$5K – $600K
Cost (factor / APR)Factor varies by paper gradeFactor 1.11+ (MCA); APR varies (term)
Speed to fundNext-day for approved filesAs fast as 4 hours
Min time in business3 months6 months
Min monthly revenueFlexible — no published floor$15,000
Min credit scoreFlexible — accepts B/C-paper550+
Products
- MCA (1st / 2nd / 3rd position)
- MCA
- Working capital LOC
- Short-term term loan
Verdicts by use case
- B/C-paper merchant with recent NSFs, short TIB, or sub-550 FICO — Winner: Accord Business Funding. Accord Business Funding specializes in B/C-paper MCA with flexible underwriting down to 3 months TIB and no published revenue floor — fills the structural gap for merchants Credibly's underwriting declines. Credibly's 6-month TIB / $15K+/mo / 550+ FICO floors are A/B-paper friendly but reject merchants with recent NSFs, second-position stacking concerns, or sub-3-month operating history. For B/C-paper distressed-paper files Accord is the structural fit.
- A-paper merchant wanting institutional credibility and modern API integration — Winner: Credibly. Credibly is a $3B+ deployed multi-product lender with March 2026 V2 API + Cloudsquare integration and institutional credibility. For A-paper merchants (12+ months TIB, $20K+/mo revenue, 600+ FICO) Credibly offers MCA + working capital LOC + short-term term loan under one underwriting umbrella with funding in 4 hours. Accord is MCA-only with smaller deal cap ($150K vs Credibly's $600K) and less modern tech infrastructure. For A-paper Credibly wins on product breadth and tech.
- ISO / broker wanting best renewal commission economics — Winner: Accord Business Funding. Accord pays 100% commission on renewals — unusual in MCA. Credibly's ISO commission isn't publicly disclosed but industry sources estimate 8 – 12% on new deals and 4 – 8% on renewals. For ISOs / brokers building a book where renewal economics matter (typically 30 – 50% of long-term ISO revenue comes from renewals) Accord's 100% renewal commission is decisively better than Credibly's standard renewal pay. Up to 15% commission on new deals plus 100% on renewals plus next-day commission payment makes Accord one of the most broker-friendly MCA shops in 2026.
- Largest deal size capability ($300K – $600K) — Winner: Credibly. Credibly's $5K – $600K range vs Accord's $5K – $150K means Credibly is the structural fit for $200K+ MCA deals. For merchants needing larger working capital Credibly's deal cap is materially higher. Accord at $150K cap means $200K+ deals require splitting into multiple Accord positions (operationally painful, dual ACH debits) or moving to Credibly / Fora Financial / Libertas Funding for the single larger deal.
- Fastest funding speed for documented files — Winner: Credibly. Credibly funds in as fast as 4 hours on approved files — among the fastest in MCA. Accord funds next-day on approved files (typical 18 – 30 hours from document submission to funding). For merchants needing same-day capital Credibly is the structural fit; for next-day capital both are competitive. The speed differential matters most for emergency working capital (equipment failure, surprise payroll shortfall, time-sensitive vendor opportunity).
The honest takeaway
Accord Business Funding and Credibly solve overlapping but distinct problems. The right choice depends on three things you already know about your business: how fast you need the money, how long you've been operating, and whether the capital need is one-time or recurring.
Frequently asked questions
- Which is better for a $20K/mo restaurant with 4 months TIB and 580 FICO?
- Accord is the structural fit for this file. Credibly's 6-month TIB floor declines this merchant at the application level — the file doesn't meet Credibly's basic eligibility regardless of revenue or FICO. Accord's 3-month TIB floor accepts this file and underwrites against actual cash flow patterns (consistent deposits, no recent NSFs, reasonable monthly revenue trend). Expected terms for this profile at Accord: $15K – $35K MCA at factor 1.35 – 1.45 with 9 – 12 month payback structured as fixed daily ACH (typically $60 – $130/day on a 9-month payback). The 2026-06-28 sub-6-month-TIB playbook: (1) Accord as primary path with 3-month TIB floor. (2) Fora Financial as alternative at 6-month TIB floor (slightly stricter than Accord but accepts $12K/mo revenue and 500+ FICO with $5K – $1.5M range). (3) Greenbox Capital as alternative at 6-month TIB / $15K/mo / accepts down to 500 FICO on some programs. (4) Reliant Funding for C-paper if other funders decline. Don't apply to Credibly for sub-6-month-TIB files — the application will be declined and trigger a hard credit pull without funding.
- Should an ISO route renewal deals to Accord or Credibly?
- Accord, decisively, for renewal economics. Accord pays 100% commission on renewals — the same commission percentage you earned on the original deal, paid the next business day after funding. Credibly's renewal commission isn't publicly disclosed but industry sources estimate 4 – 8% (vs 8 – 12% on new deals). On a $50K renewal deal at typical ISO economics: Accord pays 10 – 15% × $50K = $5K – $7.5K commission; Credibly pays 4 – 8% × $50K = $2K – $4K commission. The 2026-06-28 ISO renewal book playbook: route renewals to Accord whenever the merchant qualifies under Accord's underwriting (3+ months TIB, no recent NSF spike, paying on current deal on schedule). Reserve Credibly for new-deal originations where Credibly's larger deal cap ($600K vs Accord's $150K) or faster funding (4 hours vs 18 – 30 hours) wins on deal-specific structure. Build the renewal book at Accord, build the larger new-deal book at Credibly. Long-term ISO economics favor Accord's renewal pay because renewal-cycle revenue compounds over multi-year merchant relationships.
- What's Accord's typical factor for a $40K/mo merchant compared to Credibly?
- Accord underwrites paper-by-paper rather than publishing volume-tier factor ranges. A clean A-paper $40K/mo merchant on Accord typically sees factor 1.30 – 1.40 (higher than Credibly's 1.11 – 1.25 A-paper range). Why the differential: Accord's specialty is B/C-paper underwriting where factor pricing reflects the willingness to fund deals other funders decline; even on A-paper files Accord's pricing baseline is higher than A-paper specialists like Credibly or Forward Financing. For A-paper $40K/mo merchants the cost differential on a $50K MCA: Accord at 1.35 × $50K = $17,500 total cost; Credibly at 1.18 × $50K = $9,000 total cost. Credibly wins by $8,500 on this deal. The 2026-06-28 paper-grade-routing playbook for merchants: (1) A-paper (12+ months TIB, no NSFs, 600+ FICO, $20K+/mo revenue) → Credibly, Bluevine LOC, OnDeck for cheapest pricing. (2) B-paper (6 – 12 months TIB or occasional NSF or 550 – 600 FICO) → Credibly, Forward Financing, Greenbox for mid-tier pricing. (3) C-paper (sub-6-month TIB or recent NSFs or sub-550 FICO) → Accord, Greenbox, Reliant for paper that other funders decline. Don't pay Accord pricing on an A-paper file unless you specifically want the ISO renewal economics (relevant to ISOs, not directly to merchants).