Able Lending

FOUNDING YEAR: 2011
LOCATION: United States
Last Update: 03/09/2020

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About

Able is the lowest cost online lender for small business loans. We partner with your friends, family, and fans to create a new loan structure that allows us to lend to businesses at any stage. Loans range from $25,000 to $500,000.

MEDICI Analysis

Able is the lowest cost online lender for small business loans. We partner with your friends, family, and fans to create a new loan structure that allows us to lend to businesses at any stage. Loans range from $25,000 to $500,000.

Focus

PRODUCTS & SERVICES

Small business loans, Fintech

MAIN CLIENTS

Kammok

Hops & Grain Brewery

Chi'Lantro

Esby Apparel

Good Seed Burger

Bona Dea

Raven + Lily

EXISTING PARTNERSHIPS

Nav

Kiva

Traction

REVENUE

$0 - $99k in 2015

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Able Lending

About

Able is the lowest cost online lender for small business loans. We partner with your friends, family, and fans to create a new loan structure that allows us to lend to businesses at any stage. Loans range from $25,000 to $500,000.

Focus

PRODUCTS & SERVICES

Small business loans, Fintech

Traction

ANNUAL REVENUE:

$0 - $99k

People

NUMBER OF EMPLOYEES

11-50

BOARD MEMBERS AND ADVISORS:

Mike Maples, Jr. J, Adam Boyden, Chris Gottschalk, Peter Thiel

INVESTORS:

Base Ventures

Correlation Ventures

Emerge

Expansion Venture Capital

Floodgate

Founders Fund

Peterson Ventures

Rothenberg Ventures

TDF Ventures

Western Technology Investment

Momentum

FUNDED

YES

TOTAL FUNDING:

$6.00

LISTED

NO

FUNDING SERIES

SERIES B  · $6.00  · ---