We have worked with Credo 180 on two separate debt deals. We were highly doubtful the first time, believing that simply running process similar to the equity funding process we had just completed would yield the best partner and best terms, without the added cost of the Credo 180 team’s services. We were wrong. They saved us nearly 3x the dollars it cost to pay them, and the lender, who has been a good partner for us, would never have emerged in our process.
The second time we worked with Credo 180, to refinance the first round of debt and increase the size of the loan, we were equally skeptical, but for different reasons. Our existing lender had provided us with a term sheet with which we were quite pleased. The Credo 180 team immediately recognized the opportunity for far better terms, given changes in the market that we had not appreciated. Again, they were right. We ended up with the same lender, with far better terms, and the Credo 180 team more than paid for themselves.
I was introduced to Credo in 2016 by one of our investor BOD members. We had just made the decision to take on venture debt for the first time. With Credo’s assistance we were able to secure the debt funding at very favorable terms that included over two years of interest only payments. In 2019 we decided to refinance our debt, there was no question we would engage Credo to assist us again. As was the case in 2016, they were invaluable to our process. Credo’s team acted as both business partners in determining the type of debt that fit our company’s strategy and goals along with expertly assisting in our negotiations. I would highly recommend engaging the Credo team in any debt process. Their value will pay for itself.
I was in the process of evaluating two terms sheets for debt financing which would be used to enhance our liquidity & fund our commercialization. However, after meeting with Credo 180°, I was convinced their experience and knowledge of the market could help me gain a better deal for the company -And that’s exactly what we got!
Credo 180° proved to be an invaluable resource running an extremely thorough and strategic process. They brought an in-depth understanding of the debt markets and were a valuable sounding board in evaluating a variety of options. It enabled me to get the best financing terms for our company and focus my time on other important areas of our business. I was elated with the outcome and would highly recommend their service to any company looking for debt capital.
Our CEO and I have had a lot of success re-financing debt historically so I hadn’t worked with Credo 180 in an official capacity until our last re-financing effort. Given their experience and knowledge of the market, they were able to introduce us to new lenders and a variety of lenders who previously weren’t interested in our story. In addition, Credo streamlined the diligence and negotiation processes for us and provided the high-level analysis that we needed to make the best decision for our Company. As a result of working with Credo, I can confidently say we ended up with a better outcome than had we attempted to re-finance on our own.
We were introduced to Credo by our investor. We were looking for financing for both acquisitions and organic expansion, but as a highly regulated institution, financing can be a challenge. Credo invested the time to truly understand our business and the regulatory challenges and found a lender that is a true partner in our growth strategies.
I was introduced to the Credo 180° team by one on my venture investors/board members who had portfolio companies with positive experiences working with the team.
We also had a very positive experience working with the team, closing on a venture debt deal that ended up much better for the company than I expected we would be able to achieve. Credo 180°s knowledge of current market conditions and the strength of their existing relationships with lenders was critical to us in our process. I also believe the depth of Credo 180°’s understanding of the capabilities and abilities of the lenders also played a key role in our ability to secure a strong set of options to choose from. They ran the process efficiently and effectively, allowing me to be confident the process was running smoothly, but also focus on other business issues.
I would highly recommend working with Credo 180°.
Credo 180° provided us valuable insight into the current market conditions as we looked into all of the options for funding. They brought a high level of understanding of debt markets, which assisted us in evaluating diverse options while ultimately landing on the best option for our company. The Credo 180° Team was easy to work with as well as detail oriented, making it a pleasure to work with them through the process. I would highly recommend their services to anyone looking for assistance in debt funding.
The Credo 180° team took the time to walk me through all the nuances of venture debt and then secure a variety of lending options – a number of which we didn’t realize would be available to a company at our stage. In the end, Credo 180° brought together a syndicate of bank financing and mezzanine debt that has provided the additional capital necessary to truly accelerate our business. Credo 180° exceeded all expectations of management and the board. We were extremely satisfied with the results and we continue to strategize with Credo 180° on a regular basis. I would recommend their service to any company considering debt capital.
We were unsuccessful in our attempts to secure an acceptable financing option that would subordinate to our senior lender until we retained Credo 180°. They introduced us to an expansive list of qualified lenders and helped us close on a mezzanine financing option with a lender that has been a perfect match for our capital needs, and has proven to be a great long-term partner. I couldn’t be happier with the outcome and highly recommend Credo 180°
I was not familiar with Credo 180° and was introduced to them by one of our directors, who recommended them on the basis of work they had done for other companies in which his firm had invested. During our initial conference call with Credo 180°, I was impressed with their knowledge of the debt markets and believed they could generate an outcome that would be better than the two attractive term sheets we already had in hand. After completing their process, Credo 180° secured a a variety of distinct and different financing options which resulted in a significantly better financing option than the term sheets previously considered. The Credo 180° team was very thorough, diligent, persistent and a pleasure to work with. I would strongly recommend their service to anyone that is seeking a thoroughly managed debt procurement process.
We met with Credo 180°p based on a referral from one of our Investors. At that time, we had already established our debt financing goals and had identified several willing lenders, so we were uncertain whether we could gain meaningful additional value for a process that was well defined and already underway. However, after several more conversations, we decided that Credo 180°’s familiarity with the debt markets would be valuable to our process, especially with respect to the appropriate providers and the key people involved.
In concert with our CFO, Credo 180° secured financing alternatives that exceeded our initial expectations, and employed a process that helped to establish confidence and consensus from our Board. As a result, our lending solution was both financially attractive and well aligned with our business profile and objectives.
We were introduced to Credo 180° from one of our investors. At first, I was reluctant to use their services since we already had a couple of financing options on the table and I personally had experience procuring debt capital in the past. I was surprised by the breadth and depth of Credo 180°’s strategic process and the variety of lending options created. This truly empowered us to make an informed financing decision that was in the best interests of our shareholders.