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Credibly Receives Over $260 Million In Financing
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Credibly Receives Over $260 Million In Financing
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 ba…
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