Credibly, the Southfield-based AI-powered working capital company, reports it has secured more than $260 million in new financing to support continued growth.
The financing includes the 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.
Together, the transactions expand Credibly’s funding capacity and enhance its ability to meet the growing demand for fast, flexible capital from small and medium-sized businesses (SMBs).
“Access to quick, efficient, and scalable capital is critical to serving small businesses at the speed they operate,” says Ryan Rosett, founder and CEO of Credibly. “This financing strengthens our ability to deliver on that promise and positions us for continued growth in 2026 and beyond.”
SMBs reportedly are increasingly turning to alternative financing providers for fast access to capital. Credibly’s platform is designed to use AI and data-driven underwriting to streamline the funding process, enabling faster approvals and more personalized financing solutions.
This latest financing is expected to help Credibly’s continue to expand its technology infrastructure and deepen its broker and partner base, allowing the company to scale originations while maintaining disciplined risk management.
“With this expanded capital base and a record first quarter, we are well-positioned to support even more businesses with the working capital that they need to grow,” says Minyang Jiang, chief strategy officer at Credibly.
Credibly continues to invest in its capital strategy and technology infrastructure to support long-term, scalable growth. With enhanced financing capacity and a strong balance sheet, the company states it is primed to expand access to capital for small and medium-sized businesses and deepen its partnerships across the broker network.
Truist Securities Inc. acted as sole structuring agent and bookrunner on the securitization with Brean Capital serving as co-manager.
For more information, visit credibly.com.
