The specs
CrediblyFundbox
Product typeMulti-productLOC
Amount range$5K – $600K$1K – $150K
Cost (factor / APR)Factor 1.11+ (MCA); APR varies (term)Weekly fee + APR equivalent typically 30–60%
Speed to fundAs fast as 4 hoursAs fast as 1 day
Min time in business6 months6 months
Min monthly revenue$15,000$8,000
Min credit score550+600+
Products
- MCA
- Working capital LOC
- Short-term term loan
- Line of credit
Verdicts by use case
- Lowest revenue qualification ($8K – $15K/mo) — Winner: Fundbox. Fundbox's $8K/mo revenue floor is the lowest in this 3-way set. Credibly requires $15K/mo; Bluevine typically wants $10K+/mo plus 12+ months TIB. For micro-businesses and very small SMBs in the $8K – $12K/mo range Fundbox is the only structural option that accepts the file.
- Cheapest cost of capital for qualifying clean-file merchant — Winner: Credibly. Credibly's published 1.11+ MCA factor for A-paper (effective APR roughly 22 – 30% on a 6 – 9 month term) materially undercuts Fundbox's 30 – 60% effective APR on the weekly-fee LOC structure. Bluevine LOC at 6.2 – 27% APR is cheaper than both, but only for merchants who clear the 12+ months TIB and 625+ FICO bar. For B-paper merchants (sub-625 FICO or 6 – 12 months TIB) who are gated out of Bluevine, Credibly is the cheapest structural option vs Fundbox.
- Larger draw amounts ($150K+) — Winner: Credibly. Credibly funds up to $600K MCA. Fundbox caps LOC draws at $150K — competitive for small working-capital needs but not for larger lump-sum capital. Bluevine LOC caps at $250K, which beats Fundbox on draw size but falls below Credibly. For merchants needing $200K+ in working capital Credibly is the structural winner over Fundbox in this pair.
- Newer business (6 – 12 months operating) — Winner: Tie. Both Credibly and Fundbox accept 6+ months TIB. Bluevine requires 12+ months — gated out for merchants under 12 months. Between Credibly and Fundbox the right choice depends on draw size and revenue: Fundbox if revenue is sub-$15K/mo (where Credibly is gated out on revenue), Credibly if revenue is $15K+/mo and draw size exceeds $150K.
- Embedded / API integration into a vertical SaaS — Winner: Fundbox. Fundbox is the most embedded-finance-friendly of this 3-way set. Their API-first / embedded narrative makes integration straightforward for vertical SaaS platforms wanting to offer working capital to their merchant base. Credibly's March 2026 API V2 + Cloudsquare integration is competitive on submission UX but built primarily for ISO submission rather than embedded SaaS distribution. Bluevine's LOC product is direct-merchant focused with limited embedded distribution. For SaaS platforms building merchant-facing capital products Fundbox is the structural winner.
The honest takeaway
Credibly and Fundbox 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
- How does Bluevine fit into this 3-way comparison — when does Bluevine actually win over both Credibly and Fundbox?
- Bluevine wins for established merchants with 12+ months TIB, 625+ FICO, and a recurring revolving capital need where the LOC structure fits better than a Credibly MCA lump sum or Fundbox's smaller-draw weekly-fee LOC. Bluevine LOC pricing at 6.2 – 27% APR materially undercuts both Credibly MCA (factor 1.11 – 1.40 effective APR 22 – 80%) and Fundbox (effective APR 30 – 60%) for any qualifying clean-file borrower. As of 2026-06-28 the realistic 3-way playbook: Fundbox for sub-$15K/mo or sub-12-month-TIB merchants who can't clear Credibly's revenue floor or Bluevine's TIB floor, Credibly for $15K+/mo and 6+ months TIB merchants needing $150K+ in lump-sum working capital, Bluevine for clean-file 12+ months TIB and 625+ FICO merchants needing revolving capital up to $250K. For an SMB at $25K/mo revenue with 14 months TIB and 640 FICO the right structural option is typically Bluevine first (cheapest cost), Credibly second (only if lump-sum structure or speed-of-funding matters), Fundbox third (only if Bluevine declines or you specifically want the embedded-API LOC structure).
- Why is Fundbox more expensive than Bluevine on effective APR despite serving a similar LOC use case?
- Lower qualification bar means higher risk pricing. Fundbox approves merchants with $8K/mo revenue, 6+ months TIB, and 600+ FICO — files that Bluevine's underwriting (which requires $10K+/mo, 12+ months TIB, 625+ FICO) would typically decline. Fundbox prices to cover the higher default risk on the thinner-file population they serve. The weekly-fee structure (rather than monthly interest) also compounds faster on small balances, contributing to the 30 – 60% effective APR range vs Bluevine's 6.2 – 27%. The realistic interpretation: Fundbox isn't structurally more expensive — they're priced for a different (riskier) borrower population. For merchants who would qualify at Bluevine, take Bluevine. For merchants gated out of Bluevine on revenue or TIB, Fundbox's pricing is the market clearing price for the file.
- Which one is right for a $10K/mo e-commerce store with 8 months TIB and 610 FICO?
- Fundbox is the only structural option in this 3-way pair for a $10K/mo / 8-month-TIB / 610-FICO file. Credibly is gated out on revenue floor ($15K/mo minimum) and Bluevine is gated out on both revenue ($10K is at the floor) and TIB (12+ months required). Fundbox accepts $8K/mo and 6+ months TIB with 600+ FICO — the file qualifies. Expect a $50K – $100K LOC draw at effective APR 35 – 55% given the file grade. The realistic playbook for this merchant: take a small Fundbox draw to fund near-term inventory or operating capital, push monthly revenue toward the $15K threshold (which opens Credibly) and 12-month TIB plus 625+ FICO (which opens Bluevine), then refinance into materially cheaper capital. Avoid maxing out the Fundbox line — keep utilization moderate to preserve flexibility for refinancing once qualified for cheaper alternatives.