Credibly is a financial company operating in a joint undertaking alongside CrestmarkBank. Founded in 2011, the company hones in specifically on medium and small-sized businesses which are short of financing options. This company is based in Troy, Michigan, and operates mostly online as alternative lenders. Technology, data science, customer support, and partner relations are the business areas which the company supports through financing. The TrustScore of this company is 9.4, and Trustpilot ranks it 63 out of 331 under non-bank finances.
Merchant cash advances, working capital loans, and business expansion loans are the major lending products of this company. The interest rates of these products begin at 9.99%. A minimum of $15000 has to be deposited on a monthly basis to avail lending products. When applying business owners have good bank statements, Credibly is not bothered by a low credit score. Credit scores of clients range from 500 to 600. It is by Web Bank that loans are originated. Short-term financing is found useful by those business owners who do not get assistance from traditional banks.