The specs
Fora FinancialCredibly
Product typeMCAMulti-product
Amount range$5K – $1.5M$5K – $600K
Cost (factor / APR)Factor 1.15 – 1.40+; renewal discount up to 5%Factor 1.11+ (MCA); APR varies (term)
Speed to fundFunding in 72 hours typicalAs fast as 4 hours
Min time in business6 months6 months
Min monthly revenue$12,000$15,000
Min credit score500+550+
Products
- MCA
- MCA
- Working capital LOC
- Short-term term loan
Verdicts by use case
- Construction, trucking, staffing — industries some funders avoid — Winner: Fora Financial. Fora Financial has the widest published industry acceptance in our coverage. Credibly is broad but more selective on construction and staffing.
- 6+ months in business (under 12) — Winner: Fora Financial. Fora accepts 6+ months TIB. Credibly's standard floor is 6+ months too but Fora tends to fund newer files more readily.
- Maximum deal size — Winner: Fora Financial. Fora goes to $1.5M. Credibly caps at $600K. For genuinely large advances, Fora is the only option of the two.
- A-paper factor rate floor — Winner: Credibly. Credibly's 1.11+ A-paper floor is more competitive than Fora's 1.15+ floor for the cleanest files.
- Fastest funding — Winner: Credibly. Credibly publishes 4-hour funding as the floor for clean files. Fora is typically 72 hours.
The honest takeaway
Fora Financial and Credibly 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
- Which is better for an established construction GC?
- Fora. Their construction underwriting acceptance is wider and they understand AR-heavy contractor cash flow. Credibly will fund construction but more selectively.
- Which has better renewal terms?
- Fora publishes a 5% renewal discount. Credibly's renewals are case-by-case but net-funding-friendly. Run both quotes when renewing.
- Which funds a $750K deal?
- Fora — Credibly's $600K cap rules them out at this size. For deals above $600K, Fora and Rapid Finance are the realistic options in our coverage.