The specs
CrediblyQuarterSpot
Product typeMulti-productTerm
Amount range$5K – $600K$5K – $250K
Cost (factor / APR)Factor 1.11+ (MCA); APR varies (term)APR 30 – 90% (short-term unsecured term loan)
Speed to fundAs fast as 4 hours1 – 2 business days
Min time in business6 months12 months
Min monthly revenue$15,000$16,000
Min credit score550+550+
Products
- MCA
- Working capital LOC
- Short-term term loan
- Short-term unsecured business term loan
Verdicts by use case
- Lowest cost on clean A-paper — Winner: Credibly. Credibly's A-paper factor band (1.11 – 1.25) generally beats QuarterSpot's 30 – 90% APR on equivalent capital sized for short payback. QuarterSpot's pricing band starts where Credibly's ends; only at the upper Credibly factor range does QuarterSpot become competitive.
- Term-loan structure with defined maturity — Winner: QuarterSpot. QuarterSpot is a true term loan — fixed maturity, APR disclosure, no confession of judgment. Credibly's MCA is receivables purchase with indefinite repayment timeline. For merchants who want a defined payoff date and standard loan documentation, QuarterSpot is structurally cleaner.
- Larger deal size ($250K+) — Winner: Credibly. Credibly underwrites up to $600K with consistent execution. QuarterSpot caps at $250K. For larger capital needs, Credibly is the only option in this pair.
- Newer business (6 – 12 months TIB) — Winner: Credibly. Credibly's 6-month TIB floor is reachable. QuarterSpot requires 12+ months. Sub-12-month merchants are Credibly-only here.
- Multi-product capital relationship — Winner: Credibly. Credibly offers MCA, working capital LOC, and short-term term loan. QuarterSpot offers only the single term loan product. Merchants whose needs span MCA / LOC / term favor Credibly.
The honest takeaway
Credibly and QuarterSpot 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
- Why would I pick QuarterSpot's 60% APR term loan over Credibly's 1.25 factor MCA?
- Structure and predictability. The MCA's daily ACH and indefinite repayment timeline can break cash flow on seasonal businesses. QuarterSpot's term loan has a defined maturity (typically 12 – 18 months) and the daily ACH stops on a known date — you can model cash flow with certainty. The QuarterSpot APR is genuine APR disclosure; Credibly's factor obscures the true cost. For merchants who value structural clarity over absolute lowest cost, QuarterSpot's transparency premium is worth considering. For pure cost minimization, Credibly wins on most A-paper files.
- Does QuarterSpot still operate in 2026?
- Yes, though smaller and less prominent than peak years. QuarterSpot continues to originate short-term term loans in the $5K – $250K range, primarily through broker channels. The single-product focus has kept the underwriting operation efficient but limits brand visibility vs multi-product competitors. Check current operating status and most recent ISO materials before committing — smaller shops are more sensitive to market cycles.
- Can I refinance an MCA with a QuarterSpot term loan?
- Sometimes. QuarterSpot's underwriting weighs total debt-service-to-revenue; if your existing MCA daily debit consumes 12%+ of daily deposits, QuarterSpot will likely decline pending paydown. Better path: pay existing MCA to ~50% of original advance, cross QuarterSpot's 12-month TIB threshold if not already, then apply with cleaner statements. QuarterSpot's term structure (12 – 18 months) lowers monthly payment burden vs the MCA's 6 – 9 month indefinite repayment — that's the refinance value when it works.