Which has lower ISO commission baked in?

Credibly direct. Kalamata's ISO-heavy distribution means most deals come with 8-12% broker markup. If you go direct to Kalamata, the savings are similar.

Which underwrites construction better?

Kalamata. They specifically have stronger acceptance for construction, staffing, and trucking files than Credibly.

Can I access Kalamata without a broker?

Yes, but it's less common. Their primary distribution is ISO. Call them directly and ask for direct merchant pricing — they'll often quote it if asked.

Kalamata Capital vs Credibly — honest comparison 2026

Both fund small businesses. They solve different problems. Here's the honest side-by-side, then five use-case verdicts so you don't have to guess.

The specs

Kalamata CapitalCredibly

Product typeMCAMulti-product

Amount range$10K – $500K$5K – $600K

Cost (factor / APR)Factor 1.22 – 1.45 depending on paper gradeFactor 1.11+ (MCA); APR varies (term)

Speed to fundFunding in 48 – 72 hoursAs fast as 4 hours

Min time in business12 months6 months

Min monthly revenue$25,000$15,000

Min credit score575+550+

Products

MCA
Working capital LOC
Short-term term loan

Verdicts by use case

Mid-market deal ($50K – $500K) — Winner: Kalamata Capital. Kalamata's $3B+ deployed mostly concentrates in the $50K-$500K range. Their underwriting depth at that size is better than Credibly's.
Smaller deal under $50K — Winner: Credibly. Credibly handles smaller deals more efficiently. Kalamata's $10K floor is technically reachable but they prefer larger files.
Going direct (avoiding broker markup) — Winner: Credibly. Credibly has a strong direct application path. Kalamata is ISO-heavy — going direct requires intent.
Industries other funders avoid (construction, staffing) — Winner: Kalamata Capital. Kalamata's mid-market focus includes deeper acceptance of complex industries.
Modern API + dashboard — Winner: Credibly. Credibly's API V2 is the category leader. Kalamata is more traditional in distribution.

The honest takeaway

Kalamata Capital 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 has lower ISO commission baked in?: Credibly direct. Kalamata's ISO-heavy distribution means most deals come with 8-12% broker markup. If you go direct to Kalamata, the savings are similar.
Which underwrites construction better?: Kalamata. They specifically have stronger acceptance for construction, staffing, and trucking files than Credibly.
Can I access Kalamata without a broker?: Yes, but it's less common. Their primary distribution is ISO. Call them directly and ask for direct merchant pricing — they'll often quote it if asked.