Credibly Secures $260 Mn+ New Financing to Accelerate SMB Financing Growth

Credibly, the AI-powered working capital company that champions small and medium-sized businesses (SMBs), announced today that it has secured over $260 million in new financing, further strengthening its capital base to support continued growth. The financing includes the successful completion of a new securitization transaction and the refinancing of its existing warehouse and mezzanine facilities with Truist Bank and Medalist Partners, a $2.5 billion asset-based private credit manager. Truist Securities, Inc. acted as sole structuring...

Credibly Launches Dynamic Offers to Boost ISO Flexibility, Deals

Credibly, the leading GenAI-powered lending platform for SMBs, announced today the launch of Dynamic Offers, a powerful new feature within its redesigned Offer Calculator. This enhancement empowers Independent Sales Organizations (ISOs) to customize stipulations on deals, taking control of what documentation to provide based on the amount selected. ISOs can then send deals directly to Online Checkout, offering a new level of speed and convenience to their merchants in the funding process. As part of...

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