Able is the lowest-cost online lender to small businesses in the nation.
We fund businesses at any stage with a new kind of loan that lets borrowers get more capital at lower rates when they recruit some support from friends, family and fans. On average Able's borrowers save $31,000 on loans between $25,000 and $1,000,000.
Able is “more than a loan.” We connect extraordinary entrepreneurs with additional capital, community resources, and expert advice when it’s time to grow.
To learn more, nominate your favorite business, or get pre-approved in 1 minute visit: www.ablelending.com
We fund businesses at any stage with a new kind of loan that lets borrowers get more capital at lower rates when they recruit some support from friends, family and fans. On average Able's borrowers save $31,000 on loans between $25,000 and $1,000,000.
Able is “more than a loan.” We connect extraordinary entrepreneurs with additional capital, community resources, and expert advice when it’s time to grow.
To learn more, nominate your favorite business, or get pre-approved in 1 minute visit: www.ablelending.com
Location: New Zealand, Auckland Region, Muriwai
Employees: 11-50
Total raised: $6M
Founded date: 2014
Investors 2
| Date | Name | Website |
| - | Frontier V... | draperfron... |
| - | Blumberg C... | blumbergca... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 25.08.2015 | Series A | $6M | - |
Mentions in press and media 8
| Date | Title | Description |
| 27.09.2016 | Able Lending Secures $100 Million for Small Business Loans | |
| 07.02.2016 | True Made Foods Wins the Food+City Challenge Prize for 2016 | |
| 22.01.2016 | Profit From A Profile On AngelList | Evan Baehr Contributor Evan Baehr is the co-founder of Able, which offers collaborative, low-interest loans to small businesses. Evan Loomis Contributor Evan Loomis is the president of Clarion and vice president of strategy at Corinthian He... |
| 27.08.2015 | Roundup: Uber Clears $1 Billion for Expansion Efforts in China | We've got funding for a few smaller stage startup companies today, which is always good to see. However, the news taking the cake this morning is Uber's $1 billion in funding to expand efforts into China – it's absolutely massive and pushes... |
| 25.08.2015 | Able Lands $6 Million in Venture Capital and Expands Nationwide | Able, a non-bank commercial lender, Tuesday announced it has closed on $6 million in venture capital and plans to expand its services nationwide. |
| 25.08.2015 | Able Raises $6M in Series A Funding | Able, an Austin, Texas-based collaborative lender, raised $6M in Series A funding. The round was led by Blumberg Capital and RPM Ventures, with participation from Peterson Partners and Expansion Ventures AngelList Syndicate. The funding wil... |
| 31.03.2015 | Able’s Financial Partnership Expand Loans to Austin Small Businesses | By LAURA LOREK Reporter with Silicon Hills News |
| 13.03.2015 | Nine Tech Startups to Meet at SXSW |