# Able Lending: Financial services, Austin, United States

> Able Lending: Able Lending is a financial services company founded in 2014, based in Austin, Texas. Based in Austin, United States. Founded 2014.

Source: https://millionrounds.com/startup/able-lending (Millionrounds; every figure on the page links to its filing or article)

United States · [Financial services startup](https://millionrounds.com/companies)

# Able Lending

Able Lending is a financial services company founded in 2014, based in Austin, Texas.

Funding reported Last round: Series B

Financial services Austin, United States

Company summary

- **Founded:** 2014 12 years old
- **Team:** 1 1 to 10 people
- **Funding reported:** $117M in dollars
- **Last round:** Series B Feb 2017

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Able Lending has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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

Reported in all **$117M** in dollars

Rounds **6**

Last round **Series B**

Last round size **$4.0M**

Last round date **Feb 2017**

Investors listed **27**

## On a portfolio page

Investors who name them

- [ZenStone Venture Capital](https://millionrounds.com/fund/zenstone-venture-capital)

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 businesses small business loans startup financing business services collaborative loans enterprises small & medium businesses finance technology information technology & services financial services term loans finance software debt refinancing enterprise software information technology

Built with from their website

CloudFlare CDN Remote Justworks Cloudflare DNS

- **Sector:** Financial services
- **Region:** Texas
- **Revenue:** $5.1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/able-lending)

## Financial services in United States

Startups like it

- [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi)
- [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal)
- [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell)
- [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo)
- [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet)
- [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave)
- [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi)
- [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca)

## Is this your company?

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