Tagged: credibly

Credibly Named Approved Lender For Paycheck Protection Program

Credibly, a small and medium-sized business lending platform, announced on Friday it has been named an Approved Lender for the Paycheck Protection Program (PPP). As previously reported the U.S. Senate passed $484 billion in new pandemic relief funds to provide additional funding to the PPP… Read More

Wirecard Teams Up With Credibly to Digitalize Funding Disbursements

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Wednesday it is partnering with U.S. business funding fintech Credibly to digitalize funding disbursement. Wirecard claims to be one of the largest issuers of payout cards in the U.S. and is now offering fully… Read More

Credibly Announces Investment Grade Senior Debt Offering

Less than six months after announcing the first rated securitization of its receivables portfolio, Credibly, a small and medium-sized business lending platform, announced the next phase in its balance sheet growth strategy by launching a $10 million investment grade-rated senior debt offering. The transaction closed late… Read More

Credibly Hires Former CIO of FBI to Drive Information Technology Strategy

Credibly, a small and medium-sized business lending platform, announced on Tuesday it has hired Jerome Pender to drive its information technology strategy. According to the online lender, Lender is a seasoned professional more than three decades of experience in information technology. He has experience in… Read More

Brief: Credibly Debuts Extended-Term Business Expansion Loan

Direct lender, Credibly, announced on Monday that it has unveiled its first extended-term business expansion loan offering. The product reportedly features rates ranging from 9.99% to 36%, terms of 18 and 24 months, with multiple payment options. While sharing details about the offering, Glenn Goldman, CEO of Credibly,… Read More

SunTrust Leads in Providing Credibly with $70 Million Credit Facility

Direct lender Credibly has secured a $70 million credit facility to meet “enormous demand” from SMEs seeking capital. SunTrust Brank led the financing committing $50 million and AloStar joining as “first participant” with an additional $20 million. According to Credibly, the terms of the agreement… Read More

Credibly & Jetpay Join to Provide Access to Credit for SMEs

  Credibly has partnered with JetPay (NASDAQ: JTPY) to provide JetPay customers with streamlined access to Credibly’s direct lending platform. Credibly founder and Chief Revenue Officer Ryan Rosett said he was “thrilled” to partner with JetPay to provide better access to capital for small business;… Read More

Credibly Passes $200 Million in Funding for SMEs, Partners-up With BodeTree

Credibly, an online direct lending platform has announced a new partnership with BodeTree, a cloud-based service that provides access to combined financial accounts and cash flow trends in a single location.  Simultaneously, Credibly shared it had surpassed $200 million in lending to over 4500 small… Read More

Credibly Establishes Educational Platform, In.Credibly, to Support the Growth of Small Business America

Credibly, an emerging Fintech platform that leverages data science and analytics to improve the speed, cost and choice of capital available to all small and medium-sized businesses (SMBs), has launched a new educational platform, In.Credibly.com, to help businesses evaluate working capital needs. The resource hub is… Read More

Credibly, formerly RetailCapital, Has Established Credit Facility with Three Different Banks

Credibly has signed an agreement with a syndicate of banks to help expand their loan products. Credibly is the reincarnation of RetailCapital, a company that is an emerging FinTech portal that uses big data to provide a better lending experience. Credibly is another entrant in the… Read More

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