United States · Financial services startup
United States · Able Lending
Able Lending is a financial services company founded in 2014, based in Austin, Texas.
Funding reportedLast round: Series B
About Able Lending
Able Lending is a financial services company founded in 2014, based in Austin, Texas.
It specializes in low-cost online lending for small businesses and startups, offering term loans ranging from $25,000 to $1,000,000 with annual percentage rates (APRs) between 2% and 25%. The company focuses on collaborative loans, allowing borrowers to leverage support from their networks to secure better rates, which can save them an average of $31,000. Able Lending provides several lending options, including standard term loans for established businesses, the Able Start Program for newer startups, and collaborative loans that involve peer-to-peer lending. The company aims to connect entrepreneurs not only with financing but also with community resources and expert advice to support their growth. With a team of 11-50 employees, Able Lending has raised $4 million in funding to enhance its services.
What company datasets say Able Lending raised
Funding, as reported
On a portfolio page
Investors who name them
Each firm lists Able Lending on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
backing small businessessmall business loansstartup financingbusiness servicescollaborative loansenterprisessmall & medium businessesfinance technologyinformation technology & servicesfinancial servicesterm loansfinancesoftwaredebt refinancingenterprise softwareinformation technology
Built with from their website
CloudFlare CDNRemoteJustworksCloudflare DNS
- Sector
- Financial services
- Region
- Texas
- Revenue
- $5.1M a year, as listed
- Full record
- Every detail in the company directory
Financial services in United States
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