DETROIT, Sept. 2, 2025 /PRNewswire/ -- Credibly, the GenAI-powered lending platform that champions small businesses, announced today the launch of its second annual Credibly Small Business Awards, a program designed to fuel small business growth and innovation by awarding $60,000 to outstanding small businesses across the United States.
Applications for the 2025 awards are now open, giving entrepreneurs nationwide the opportunity to secure "strings-free" funding that can be used for hiring, equipment, expansion, or relieving financial stress.
This year, three winners will be selected, with first place receiving $30,000, second place $20,000, and third place $10,000.
"Small businesses are the backbone of our economy, but access to flexible funding remains one of their biggest challenges," said Ryan Rosett, the co-CEO and co-founder of Credibly. "Through the Credibly Small Business Awards, we're proud to provide direct resources that help owners expand, innovate, and thrive."
The 2024 inaugural awards demonstrated the life-changing positive impact of these awards. Last year's winners used the funds to hire employees, purchase critical equipment, expand services, and ease financial stress, ultimately strengthening their businesses and communities.
"Cash flow is critical for small businesses, but many small business owners don't realize resources like awards and grants exist - essentially free money that can help fuel growth," said Minyang Jiang, Credibly's Chief Strategy Officer. "We're excited to continue this tradition and support entrepreneurs who are making a difference."
Credibly encourages all small business owners to apply and share their stories of resilience and growth. Winners will be announced later this year.
How to Apply:
Applications are open now until September 30, 2025. Apply here:credibly.com/small-business-award-2025.
About Credibly
Credibly is a GenAI-powered fintech lending company that improves the speed, cost, experience, and choice of capital for small and medium-sized businesses (SMBs). The company provides balance sheet, syndication, and off-balance sheet funding options.
By championing SMBs through its lending platform, Credibly is dedicated to providing improved access to funds for SMB owners. Credibly's platform offers a streamlined, self-service checkout experience that helps business owners secure funding within minutes, improves risk assessment, and provides financing options that are faster, more flexible and better aligned with the immediate needs of SMBs.
Founded in 2010, Credibly has provided access to more than $2.6 billion in capital to over 50,000 SMBs, while maintaining a strong emphasis on risk management and a culture of compliance. Credibly made history in 2017 as the first company in its sector to acquire the servicing rights to another alternative lender's portfolio ($250 million). Credibly has achieved steady growth, operated continuously throughout the COVID-19 pandemic, and has consistently recorded exceptional origination numbers.
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