Fintech lender Credibility Capital has surpassed $100 million in lending to small businesses across the country. The company has also expanded its team, adding Dennis Carlson as CRO and Jordan Schiffer as head of Engineering.
Carlson brings significant credit strategy and portfolio analytics experience, most recently as head of Consumer and Small Business Credit at Verizon, responsible for the origination of more than 20 million loans to consumers and small businesses annually. Previously, he served as deputy chief economist at Equifax and led several data science and modeling teams at First Data and American Express.
Previously, Schiffer was director of Technology at ADP Ventures, the arm of one of the largest providers of business processing and cloud-based solutions focused on incubating new business growth initiatives within the company. At ADP, where Schiffer established an innovation lab to combat competitive threats, he designed and implemented front-end and full-stack applications.
“We’re proud to have provided $100 million to U.S. small businesses, and we continue to invest in credit and engineering to create a delightful borrower experience,” said Brett Baris, Credibility Capital CEO and co-founder. “We’ve built our fintech platform to efficiently lend to these great businesses that aren’t receiving the funding they need to grow.”
Launched in 2015, Credibility specializes in affordable financing for the prime SMB space, originating monthly-pay loans up to $350,000 with terms of one to three years.
