Fintech platform Credibility Capital has surpassed $100 million in lending to small businesses across the country. Credibility offers low-APR loans to high-quality small businesses with terms that are transparent, fair and affordable.

In addition to this lending milestone, Credibility appointed two key additions to the senior management team focusing on innovation in data science and technology.

The company hired Dennis Carlson as chief risk officer. 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 both First Data and American Express.

Credibility also hired Jordan Schiffer as head of Engineering. Previously, Schiffer was director of Technology at ADP Ventures, the arm of one of the largest providers of business processing and cloud-based solutions. 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 co-founder and CEO. “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 and based in Newark, NJ, Credibility Capital is a fintech platform which sources, originates and services small business loans for banks and other institutional investors. It specializes in affordable financing for the prime SMB space, originating monthly-pay loans up to $350,000 with terms of 1 to 3 years.