Credibly Receives Over $260 Million In Financing

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Credibly, a Detroit area (Southfield, Michigan) fintech specializing in AI powered working capital solutions for small and medium sized businesses (SMBs), announced that it secured over $260 million in new financing.

This package consists of a new asset backed securitization transaction combined with the refinancing of existing warehouse and mezzanine facilities. Key participants include Truist Bank and Medalist Partners (a $2.5 billion asset based private credit manager). Truist Securities, Inc. served as sole structuring agent and bookrunner on the securitization, with Brean Capital, LLC as co-manager.

This is not traditional equity venture funding but structured debt financing designed to expand Credibly’s lending capacity. It enables the company to originate more loans, particularly revenue based products and working capital advances, by tapping into capital markets through securitization (pooling loans and issuing securities backed by their cash flows) and optimizing its credit facilities.

The move directly addresses growing SMB demand for fast, flexible alternative capital amid traditional bank lending constraints. Credibly uses AI and data driven underwriting (including bank statement analysis) for rapid approvals, often in hours, targeting businesses with as little as 500+ personal credit scores, 6+ months in operation, and $15,000+ monthly revenue.

What is Credibly?

Founded in 2010, Credibly has funded over $3 billion to more than 60,000 SMBs across all 50 states. It offers a range of products including working capital loans, merchant cash advances, lines of credit, equipment financing, long term loans, and SBA options (some via partners). The company emphasizes risk management, compliance, and technology, including recent AI patent expansions and broker network growth.

Notable milestones include maintaining securitizations through the COVID-19 period (one of few in the sector), acquiring servicing rights to a $250 million portfolio, and a recent partnership with Figure to bring SMB loans onto blockchain rails for enhanced capital markets access.

This $260M+ deal builds on prior securitizations, such as a reported $124 million transaction earlier in 2026 facilitated by Truist.

• Growth Acceleration: Following a record Q1 2026, the capital infusion supports higher origination volumes in 2026 and beyond while maintaining disciplined underwriting. It strengthens Credibly’s balance sheet and positions it to capture more market share in the alternative SMB lending space.
• Capital Markets Access: Repeated successful securitizations demonstrate investor confidence in Credibly’s loan performance and underwriting. This lowers funding costs over time and provides scalability compared to reliance on balance-sheet or warehouse lines alone.
• Competitive Positioning: In a fragmented market with players offering merchant cash advances and revenue based financing, Credibly differentiates via speed, AI personalization, broker partnerships, and product breadth. The financing enhances its ability to compete with both fintechs and banks retreating from small ticket lending.
• Risk and Resilience: Emphasis on risk management and compliance has supported longevity and crisis performance. Expanded capacity should allow broader reach without proportional risk increase, assuming continued strong asset quality.
• Broader Market Signals: The deal reflects healthy appetite for SMB ABS in 2026, with institutional players like Truist and Medalist backing proven originators. It aligns with trends toward embedded finance and tech enabled lending for underserved SMBs.

Recommended: Rogo Raises $160 Million In Series D Funding Round

Leadership Perspective:

Ryan Rosett, Founder and co-CEO, highlighted the importance of quick, scalable capital: “This financing strengthens our ability to deliver on that promise and positions us for continued growth in 2026 and beyond.”

Minyang Jiang, Chief Strategy Officer, noted the enhanced position post-strong Q1 to support more businesses.

Overall, this $260M+ financing represents a significant liquidity and growth milestone for Credibly. It reinforces its model of technology driven, alternative SMB financing and signals confidence from sophisticated credit providers in the predictability and quality of its loan portfolio. The company is well placed to expand its impact in a market where SMBs continue to seek non bank capital solutions.

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