Jobs at Able
Today, non-VC-backed businesses seeking to grow or start-up are stuck between a rock and a hard place. They need capital to grow, but their only two decent options are to get a quick, yet prohibitively expensive loan from an online lender (typically 15-100% APR), or to to get a cheap, 3-8% APR loan from a bank through an inaccessible process that takes 5-13 weeks and hundreds of hours of time. If only getting good growth capital was faster and easier... At Able, our mission is to make the latter, low-cost capital 10x more accessible for businesses in the U.S. Our software enables better capital opportunities for the 30M U.S. businesses that get low-cost loans each year and the millions that don't because they can only access more costly options. The products we sell to banks form a new category of software that integrates with their existing tech stack and enables them to quickly grow their portfolio and enchant their customers without having to sacrifice on quality underwriting. Borrowers love it because it makes good capital much more accessible, and banks love it because it lets them move much faster without having to change anything about their underwriting process.
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