Why would I take a 2nd-position deal from Libertas?

Generally you shouldn't if you can avoid it — 2nd-position MCAs stack daily debits on top of your existing 1st position and can quickly create cash-flow stress. Libertas writes them because the demand exists, not because they're a good idea. If you're considering a 2nd position, the higher-EV move is usually to consolidate or pay down the 1st first.

Is Libertas more expensive than Credibly?

On factor rate, often yes — Libertas's published range (1.20 – 1.49) sits above Credibly's A-paper headline (1.11+). Libertas's pricing reflects willingness to fund larger deals and stack positions; Credibly's reflects a tighter, A-paper-focused book.

Which one pays ISOs better?

Both are ISO-friendly. Libertas's competitive commission tiers on larger deals (and willingness to fund 2nd positions) make it a steady earner for established brokers. Credibly's API + Cloudsquare integration makes high-volume submission cheaper to operate. Depends on your shop's deal mix.

Libertas Funding 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

Libertas FundingCredibly

Product typeMCAMulti-product

Amount range$10K – $5M$5K – $600K

Cost (factor / APR)Factor 1.20 – 1.49 depending on paper grade and positionFactor 1.11+ (MCA); APR varies (term)

Speed to fund24 – 48 hours after underwritingAs fast as 4 hours

Min time in business12 months6 months

Min monthly revenue$30,000+/mo$15,000

Min credit score550+550+

Products

MCA (1st / 2nd position)
Equipment financing

MCA
Working capital LOC
Short-term term loan

Verdicts by use case

Large deal ($500K+) — Winner: Libertas Funding. Libertas regularly funds $500K – $2M deals as a mid-market MCA specialist. Credibly tops at $600K and rarely underwrites at the upper bound. For genuinely large deals, Libertas is built for them.
2nd-position MCA stacking — Winner: Libertas Funding. Libertas will write 2nd-position MCAs where most direct funders decline. Credibly is generally 1st-position only with anti-stacking language.
Modern submission UX + API — Winner: Credibly. Credibly's March 2026 API V2 + Cloudsquare integration is the most modern submission infrastructure in the MCA market. Libertas is more traditional ISO-portal-driven.
Multi-product (MCA + term + LOC) — Winner: Credibly. Credibly offers MCA, working capital LOC, and short-term term loan under one underwriting umbrella. Libertas is MCA + equipment only.
Smaller merchant ($15K – $30K/mo) — Winner: Credibly. Credibly's $15K/mo revenue floor accepts smaller operators. Libertas's $30K/mo floor declines them. Below $30K/mo, Libertas isn't an option.

The honest takeaway

Libertas Funding 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

Why would I take a 2nd-position deal from Libertas?: Generally you shouldn't if you can avoid it — 2nd-position MCAs stack daily debits on top of your existing 1st position and can quickly create cash-flow stress. Libertas writes them because the demand exists, not because they're a good idea. If you're considering a 2nd position, the higher-EV move is usually to consolidate or pay down the 1st first.
Is Libertas more expensive than Credibly?: On factor rate, often yes — Libertas's published range (1.20 – 1.49) sits above Credibly's A-paper headline (1.11+). Libertas's pricing reflects willingness to fund larger deals and stack positions; Credibly's reflects a tighter, A-paper-focused book.
Which one pays ISOs better?: Both are ISO-friendly. Libertas's competitive commission tiers on larger deals (and willingness to fund 2nd positions) make it a steady earner for established brokers. Credibly's API + Cloudsquare integration makes high-volume submission cheaper to operate. Depends on your shop's deal mix.