The specs
CrediblyCresthill Capital
Product typeMulti-productMCA
Amount range$5K – $600K$5K – $500K
Cost (factor / APR)Factor 1.11+ (MCA); APR varies (term)Factor 1.22 – 1.45
Speed to fundAs fast as 4 hours24 – 48 hours after approval
Min time in business6 months6 months
Min monthly revenue$15,000$15,000
Min credit score550+525+
Products
- MCA
- Working capital LOC
- Short-term term loan
- MCA (1st, 2nd position)
- Renewal funding
Verdicts by use case
- Clean A-paper merchant (550+ FICO, 6+ months, single position) — Winner: Credibly. Credibly's A-paper factor band (1.11 – 1.25) and 4-hour API V2 + Cloudsquare funding is materially cheaper and faster than Cresthill Capital's 1.22 – 1.45 factor. On a $100K deal, the cost differential typically runs $11K – $20K.
- Upper-B paper, 2nd position file in the $100K – $300K band — Winner: Cresthill Capital. Credibly is first-position-preferred and declines most stacked files. Cresthill Capital underwrites upper-B paper and 2nd position MCA deliberately, with multi-year broker-channel tenure and deal capacity up to $500K. For files with an existing 1st position needing $100K – $300K additional capital, Cresthill is in the cascade where Credibly isn't.
- Larger deal size ($400K+) — Winner: Credibly. Credibly underwrites up to $600K with consistent execution. Cresthill Capital caps at $500K with reasonable execution in the $50K – $250K band but variable consistency at the top of the range. For the largest files, Credibly is slightly more predictable.
- Fastest funding on a clean file — Winner: Credibly. Credibly funds in as fast as 4 hours via API V2 + Cloudsquare (March 2026). Cresthill Capital funds in 24 – 48 hours after approval — slower by a full business day even on equivalent files.
- Counterparty diligence — COJ and NY-domicile risk — Winner: Credibly. Credibly's contract structure does not rely on Confession of Judgment provisions. Cresthill Capital, as a NY-domiciled MCA originator, has historically included COJ provisions in contracts — 2019 NY legislation banned COJ enforcement against out-of-state merchants and subsequent state legislation further constrained practical enforcement, but contract language may still include COJ-style clauses. For merchants who want simpler contract risk, Credibly is structurally cleaner.
The honest takeaway
Credibly and Cresthill Capital 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
- Does Cresthill Capital still file Confessions of Judgment?
- Contract language may still include COJ provisions, but practical enforcement has materially narrowed. 2019 NY legislation banned COJ enforcement against out-of-state merchants; subsequent NJ and CA legislation added further constraints. 2024 – 2025 state legislation further constrained the over-collection and post-payoff COJ filings that drove earlier NY AG enforcement actions across the NY MCA industry. Practical risk in 2026 is meaningfully lower than 2019 — but always have an MCA attorney review the contract's COJ jurisdiction clause before signing, especially on advances over $50K. Credibly's structure does not rely on COJ at all.
- My broker presented Cresthill Capital at 1.34 factor on a $150K deal — should I shop Credibly first?
- Yes, always, if your file is A or upper-B paper (550+ FICO, 6+ months TIB, single position, clean bank statements). Credibly will likely quote 1.22 – 1.30 — saving 4 – 12 points of factor (approximately $6K – $18K on $150K). Cresthill's 1.34 typically reflects a mix of broker commission markup (4 – 8 points) and upper-B paper risk pricing; if your file is genuinely A-paper, the markup is being charged on a risk premium you don't fit. Push for a written Credibly quote before accepting Cresthill.
- Is Cresthill Capital a direct funder or a broker?
- Cresthill Capital operates as a direct MCA originator funding off its own balance sheet, with broker-channel distribution alongside direct origination. That makes them an authentic direct funder rather than a marketing-only broker, which is meaningful for counterparty stability — but pricing still reflects the broker commission layer when files are routed through ISO partners. Direct application to Cresthill (bypassing a broker) typically saves 4 – 8 points of factor versus the same file routed through a broker, though it gives up the broker's ability to shop the file across multiple funders.