The specs
CrediblyFrost Bank Business Loan
Product typeMulti-productMulti-product
Amount range$5K – $600K$10K – $100K (Frost Business Quick Loan); $25K – $1M (term + LOC); $250K – $5M (SBA 7(a))
Cost (factor / APR)Factor 1.11+ (MCA); APR varies (term)APR 7.5% – 13% (term + LOC, relationship-priced); SBA Prime + 2.25 – 2.75%
Speed to fundAs fast as 4 hours3 – 5 business days (Quick Loan ≤ $100K, existing customers); 7 – 14 business days (term + LOC); 30 – 75 days (SBA — Frost is PLP)
Min time in business6 months24 months
Min monthly revenue$15,000$15,000+/mo typical for unsecured products
Min credit score550+680+
Products
- MCA
- Working capital LOC
- Short-term term loan
- Frost Business Quick Loan
- Business term loans
- Business LOC
- SBA 7(a)
- SBA 504
- Equipment financing
- Commercial real estate
- Treasury management
Verdicts by use case
- Established Texas merchant with 24+ months TIB and 680+ FICO depositing at Frost — Winner: Frost Bank Business Loan. As of 2026-06-28 Frost Bank Business Loan products at 8.5 – 12% APR relationship-priced materially undercut Credibly's MCA factor 1.11 – 1.40 (effective APR 22 – 80%). Frost depositors with multi-year deposit-relationship history get materially lower pricing than cold applicants — Frost's relationship-banking culture is uniformly strong across the Texas footprint and RM-level relationship-pricing discretion is meaningful. The Business Quick Loan channel adds 3 – 5 day decisioning for sub-$100K needs. Frost is structurally cheaper than Credibly across virtually all qualifying quotes, and the customer-service quality is materially higher than most U.S. banks.
- Newer business under 24 months TIB — Winner: Credibly. Frost's 24+ months TIB floor is firm even for existing depositors with strong banking relationships. Credibly's 6-month TIB floor is reachable for genuinely new operators. For merchants between 6 and 24 months trading history Credibly is the only structural option in this pair.
- Need cash this week — Winner: Credibly. Credibly funds in as fast as 4 hours via the API V2 + Cloudsquare flow. Frost's fastest channel (Business Quick Loan for sub-$100K needs for existing depositors) decisions in 3 – 5 business days with funding 1 – 2 business days after approval — total timeline 4 – 7 business days. For genuine same-week capital needs Credibly is materially faster. For 5 – 7 day timelines on sub-$100K needs the Frost Quick Loan channel is competitive and meaningfully cheaper, and is among the faster bank channels in Texas.
- Sub-680 FICO merchant — Winner: Credibly. Frost's 680+ FICO floor is firm and the bank operates conservative credit-box discipline — Frost has notably refused to originate subprime business credit products historically. Credibly accepts 550+ FICO with B/C-paper pricing adjustments. For merchants with personal FICO between 550 and 679 Credibly is the only structural option in this pair.
- Texas-specific industry deal (oil & gas, ranching, Tex-Mex hospitality) in $250K – $2M range — Winner: Frost Bank Business Loan. Frost's Texas-only focus means deep RM expertise on Texas-specific industries that out-of-state superregionals lack: oil & gas reserve-based lending in West Texas and the Permian Basin, ranching and agricultural lending in Central and South Texas, Tex-Mex restaurant chains and Texas-Hispanic-market hospitality lending. Frost as a PLP-authority SBA lender originates SBA 7(a) loans up to $5M at Prime + 2.25 – 2.75% on a compressed 30 – 75 day timeline. By far the cheapest cost of capital for Texas-specific industry deals where Frost's RM-level expertise materially improves underwriting outcomes. Credibly caps at $600K MCA and doesn't offer SBA paths. For qualifying Texas-specific industry deals Frost is structurally the strongest option in this pair.
The honest takeaway
Credibly and Frost Bank Business Loan 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 run a San Antonio or Houston business with a Frost Bank checking relationship — should I apply with Frost or Credibly?
- Apply with Frost first if you meet the credit box: 24+ months TIB, 680+ FICO, $15K+/mo revenue, and you're in Texas. Your existing Frost Business Banking deposit relationship is a meaningful pricing input — Frost's relationship-banking culture is uniformly strong and multi-year tenure at the same San Antonio or Houston branch with the same RM unlocks relationship-priced APR at the lower end of the 7.5 – 13% range. The Business Quick Loan channel decisions sub-$100K files in 3 – 5 business days which is among the faster bank channels in Texas at a fraction of Credibly's cost. Frost is structurally cheaper than any Credibly quote for qualifying borrowers and the customer-service quality is materially higher than most U.S. banks (J.D. Power consistently #1 in Texas region). Reserve Credibly for: (1) capital needs you cannot wait 5 – 7 days for, (2) capital amounts that exceed what Frost Quick Loan approves quickly, or (3) files where your FICO is below 680 and Frost is structurally unavailable. Walk into your Frost branch in person — Frost's RM-level relationship-pricing discretion is among the highest in U.S. banking.
- Frost Bank is Texas-only — what does that mean if my business has cross-state operations?
- Frost cannot serve as your primary commercial bank for non-Texas operations — there are no Frost branches in any other state. Practical implications for SMBs with cross-state operations: (1) for the Texas operations Frost remains a structurally strong primary commercial banking choice, (2) for non-Texas operations you need a parallel banking relationship — common pairings include Bank of America (national footprint, cheap-and-fast small-ticket digital channels), Wells Fargo (national footprint, dense out-of-Texas branch presence), Chase (national footprint, strong API and digital infrastructure), or a regional bank in your specific out-of-state market (PNC for Mid-Atlantic, U.S. Bank for West Coast, Truist for Southeast), (3) for SBA 7(a) deals that span Texas and other states, Frost can handle the SBA-side documentation but your non-Texas operations will need separate commercial banking relationships, and (4) for treasury management spanning multiple states most SMBs end up with a national-bank treasury management relationship (typically the parallel cross-state bank) while retaining Frost for the Texas operations specifically. The Texas-only focus is part of why Frost's Texas banking is so deep — it's a feature not a bug, but it does mean cross-state SMBs need a multi-bank capital stack.
- Should I refinance an active Credibly MCA into Frost Bank once I qualify?
- Yes, if you're a Texas merchant and the math works. A Credibly MCA at factor 1.25 with 8 months remaining carries an APR-equivalent of 35 – 50%. Refinancing into a Frost relationship-priced Business Term Loan at 8.5 – 12% APR over 36 – 60 months saves materially on cost-of-capital. For sub-$100K refinances the Business Quick Loan channel can compress the refinance timeline to 4 – 7 business days, which reduces carrying cost of the residual MCA balance during the refinance period. Frost will pull business credit, see the active Credibly debt, and underwrite the refinance as debt consolidation — disclose proactively. Frost's underwriting approach values character and Texas-business-community relationships highly, so framing the refinance as cleanup of expensive bridge capital with clear forward-looking financials lands well. For larger SBA-eligible refinances ($250K+) the Frost PLP-authority SBA 7(a) channel can absorb the existing Credibly balance into a 10-year amortization at Prime + 2.5% on a compressed 30 – 75 day timeline. The qualifying bar is the standard Frost credit box (680+ FICO, 24+ months TIB, $15K+/mo revenue, Frost deposit relationship preferred, Texas location required).