Credibly leverages data science, technology, partner relations, and customer support to provide small and medium-sized businesses (SMBs) with streamlined access to right-sized financing.
Since 2010, Credibly has provided access to over $1B in financing, invested heavily in its scoring model and infrastructure, and maintained profitability and industry-leading loss rates.
In 2017, Credibly became the first company in its space to acquire servicing rights to another lender’s portfolio ($250MM), selected for its industry-leading risk analysis. In late 2018, the company completed its first asset-backed securitization and followed with an investment grade senior debt offering in 2019, proving the quality of operations and providing the ability to originate and service an even wider array of SMB customers.
Today, Credibly continues refining its model, improving its product coverage and pricing, maintaining its robust culture of compliance, and extending its microservices to partners in order to relinquish the credit gap for SMBs.