The specs
CrediblyBankers Healthcare Group (BHG)
Product typeMulti-productTerm
Amount range$5K – $600K$20K – $500K (professional loans); up to $200K credit cards
Cost (factor / APR)Factor 1.11+ (MCA); APR varies (term)APR 9 – 25% (term loans); business credit cards separate
Speed to fundAs fast as 4 hours3 – 7 business days after document review
Min time in business6 months24 months
Min monthly revenue$15,000Practice / professional income basis — not monthly revenue
Min credit score550+700+
Products
- MCA
- Working capital LOC
- Short-term term loan
- Professional term loans
- Practice acquisition loans
- Business credit cards
- Patient financing
Verdicts by use case
- Licensed healthcare professional (physician, dentist, vet, optometrist) with 700+ FICO — Winner: Bankers Healthcare Group (BHG). As of 2026-06-28 BHG's professional term loan prices at 9 – 25% APR on a 5 – 10 year amortization — structurally cheaper than Credibly's MCA factor (1.11 – 1.25 A-paper) or short-term APR for the same dollar amount. A $200K BHG loan at 14% APR over 7 years costs roughly $80K in total interest. A $200K Credibly MCA at 1.22 factor costs $44K in 9 – 12 months — looks cheaper in absolute dollars but the APR-equivalent is 50%+ and daily ACH debits hit practice cash flow much harder than BHG's monthly amortization. Licensed pros with 700+ FICO should always price BHG first.
- Non-healthcare licensed professional (attorney, CPA, financial advisor) — Winner: Bankers Healthcare Group (BHG). BHG funds attorneys, CPAs, financial advisors, and architects on the same license + income + credit underwriting model used for healthcare professionals. Credibly doesn't differentiate by profession but its bank-statement underwriting prices the same regardless of license status — meaning licensed non-healthcare pros pay MCA-tier cost when they could access BHG's 9 – 25% APR. Run BHG first.
- Non-licensed-professional business (restaurant, retail, trucking, contractor, services) — Winner: Credibly. BHG only funds licensed professionals — restaurants, retail, trucking, contractors, and unlicensed services categories are structurally ineligible. Credibly's bank-statement underwriting (550+ FICO, 6+ months TIB, $15K+/mo deposits) works for any vertical. For non-professional SMBs Credibly is the only option in this pair.
- Speed — capital needed within 48 hours — Winner: Credibly. Credibly's API V2 + Cloudsquare integration funds in as fast as 4 hours after document review. BHG's headline 3 – 7 business days is real for clean working-capital files but practice-acquisition deals routinely stretch to 2 – 4 weeks with valuation and legal review. For genuine same-week or 48-hour needs Credibly is the faster path even for qualifying licensed professionals.
- B/C-paper licensed professional (sub-700 FICO, recent NSFs, thin file) — Winner: Credibly. BHG's 700+ FICO floor is firm — sub-700 credit declines automatically regardless of profession. Credibly accepts 550+ FICO and routinely funds B-paper merchants including licensed professionals with damaged credit. A 660-FICO dentist with recent NSFs can fund through Credibly, work on credit recovery, then refinance into BHG when credit clears 700.
The honest takeaway
Credibly and Bankers Healthcare Group (BHG) 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
- I'm a 720-FICO orthodontist needing $150K for equipment — BHG or Credibly?
- BHG, decisively. A $150K BHG professional term loan at 13% APR over 7 years costs roughly $63K total interest with predictable monthly payments around $2,700. A $150K Credibly MCA at 1.22 factor costs $33K in 9 – 12 months — looks cheaper in absolute dollars but daily ACH debits of roughly $1,200 hit practice cash flow far harder than BHG's monthly schedule, and the APR-equivalent of the Credibly deal is 50%+ vs BHG's 13%. The only scenarios where Credibly beats BHG for a 720-FICO orthodontist: (1) genuine same-week need where BHG's 3 – 7 day timeline won't make the deadline; (2) recent BHG decline (rare on clean files); (3) need to bridge 30 – 60 days while a Lendeavor or Live Oak SBA processes.
- Can a licensed professional use Credibly and BHG together?
- Possible but rarely the right move. The clean version: BHG term loan as primary capital for a multi-year purpose (equipment, expansion, acquisition) with the cheaper 5 – 10 year amortization, plus a small Credibly LOC for short-term A/R or insurance-reimbursement timing gaps under $50K. The dangerous version: stacking a BHG term loan with a Credibly MCA on top — combined monthly amortization plus daily MCA ACH can break practice cash flow. Disclose either product when applying for the other. Get a practice accountant to model combined debt service before signing.
- Why does Credibly cost so much more than BHG for the same loan amount?
- Different risk pools. BHG underwrites against a professional license + practice income + 700+ FICO — the default rate on that borrower category is structurally low enough to support 9 – 25% APR pricing on 5 – 10 year amortization. Credibly underwrites against bank-statement cash flow with a 550+ FICO floor and 6+ months TIB across all verticals — the broader, higher-risk borrower base supports MCA-tier pricing (factor 1.11+ for A-paper, 1.30+ for B/C-paper). The price gap reflects the risk gap. A licensed professional with strong credit overpays at Credibly because they're being priced into the broader pool rather than the BHG specialist pool.