Small Business Loans Powered by People

Borrow up to $1 Million
Rates from 8%
1-5 Year Terms

Instant Pre-Approval

Fund with the help of your network and ours

Able combines the best parts of Peer to Peer lending and traditional bank financing to create affordable small business loans.

100% Backers

Able Friends and Family

  • Rates starting at 2%
  • Borrow Any Amount
  • You choose the funding timeline

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Able + Backers

Able Growth loan with Backers

  • Rates starting at 8%
  • Loans up to $1MM
  • Funds within 30 days

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100% Able

Able Growth loan without Backers

  • Rates starting at 8%
  • Loans up to $1MM
  • Funds within 14 days

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How our model works

Not every loan we fund requires Backers. Having the option of funding with Backer support helps you access the amount of capital you need, at rates you can afford.

Joe’s Coffee Roaster

Funded by Able and Backers

In business for a few years and needs to borrow a large sum of capital to fund a new location.

Gloria’s Boutique

100% Funded by Backers

Just starting out and doesn't have historical financial data for her business.

Abe’s Chicken and Waffles

100% funded by Able

Abe’s business is doing great and he wants an expansion loan that can fund fast.

  • 20% Backer Funded
  • 80% Able Funded
Joe’s Coffee Roaster

Joe is funded by Able and his Backers

  • Great for larger loan amounts
  • Backers help unlock lower interest rates
  • Backers earn a return
  • Great for refinancing other debts
Gloria’s Boutique

Gloria is funded 100% by her Backers

  • Great for a startup
  • Formalized Friends and Family loan
  • Backers earn a return
  • Great alternative to traditional financing
Abe’s Chicken and Waffles

Abe is funded 100% by Able

  • Great for established businesses
  • Competitive interest rates
  • Funds within weeks, not months

Interest Rate

8–18%

How Businesses Use Able

Backer Funded
Able Funded
Able + Backer Funded

Woom Bikes

90% Able
10% Backers

Inventory to meet an overwhelming demand.

Haymaker

90% Able
10% Backers

Expansion to a new city

Slingshot

70% Able
30% Backers

Fueling a 300% revenue growth