Credibly and the Small Business Association of Michigan Team Up to Support State Business
Alliance To Fuel Local Economic Growth
TROY, MI—November 10, 2015–Today, Credibly, a best-in-class Fintech platform that provides access to a broad range of tailored capital solutions to satisfy the entire SMB credit spectrum, announced a partnership with the Small Business Association of Michigan (SBAM), the only statewide association to focus solely on serving the needs of Michigan’s small business community.
The partnership provides the Association’s 25,000+ members with streamlined access to Credibly’s unique funding options via the SBAM Pulse platform, which provides small business owners with financial analysis and reporting tools comparable to those offered by a professional consultant. The Pulse platform is powered by BodeTree, also a Credibly partner.
“Credibly has always had strong ties to the Michigan community, and our partnership with SBAM further solidifies our commitment to provide access to capital for businesses right in our own backyard,” said Ryan Rosett, co-founder and Chief Revenue Officer of Credibly. “As both a member of SBAM – and now a partner – we couldn’t be more excited for the continued opportunity to offer access to funding that is crucial to fueling Michigan’s small businesses.”
Since its founding in 2010, Credibly has provided access to over $9 million of funding to Michigan-based businesses and over $200 million nationwide. In 2014, Credibly was named the fastest-growing company in the state of Michigan by Inc. Magazine. The company has also experienced significant growth, doubling revenue in the last year, and adding 40 jobs – for a total of 90 full-time employees – to its Troy office since January.
“It’s great to have another customer-service oriented, Michigan-based financing platform participating in our Pulse service,” said Rob Fowler, President and CEO of SBAM. “Like our small business members, Credibly is nimble. We appreciate that they provide a convenient, frictionless process that gives borrowers timely access to capital, which is crucial when you are on a fast track pursuing entrepreneurial opportunities.”
The Small Business Association of Michigan, located in Lansing, has served local businesses in all of Michigan’s 83 counties for over fifty years. The organization’s mission is to help Michigan small business owners succeed by promoting entrepreneurship, leveraging buying power and engaging in political advocacy in a variety of industries.
Credibly is a best-in-class Fintech platform that leverages data science and analytics to improve the speed, cost, and choice of capital available to all small businesses. Founded in 2010, with offices in Michigan, New York, Arizona, and Massachusetts, Credibly is dedicated to creating a superior lending experience that meets the needs of all small businesses, regardless of product need or credit profile. To learn more, visit www.credibly.com.
The Small Business Association of Michigan is the only statewide and state-based association that focuses solely on serving the needs of Michigan’s small business community. Located in Lansing, it has served small businesses in the state since 1969. SBAM’s mission is to help Michigan small business owners succeed by promoting entrepreneurship, leveraging buying power and engaging in political advocacy. Its 25,000+ members, located in all 83 counties of the state, are as diverse as Michigan’s economy, ranging from accountants to appliance stores, manufacturers to medical, and restaurants to retailers. To learn more, visit www.sbam.org.