More than 60 lenders join CrediVia marketplace to source commercial loans

Network enables lenders to identify and fund loans faster, and give borrowers a more transparent financing experience

RALEIGH, NC (September 25, 2019) — CrediVia is a marketplace driving smarter decisions and real relationships in commercial real estate financing. The company announced today that more than 60 lenders have joined the marketplace and are collaborating with borrowers on deals for simpler, faster CRE lending.

CrediVia is a loan platform that uniquely addresses key pain points that both borrowers and lenders face, intently matching each loan request to viable financing options based on specific lender criteria designed to help take the deal through to closing. The marketplace is open to any lender desiring to grow its opportunities across commercial financing, whether that be a large bank, community financial institution or niche lender.

The 60+ lenders active on the marketplace today include financial institutions as well as specialty lenders of all asset sizes. They service from coast to coast, actively funding loans across the United States. Early lender activity has validated CrediVia’s ability to support multiple loan types, including SBA, conventional, CMBS, Fannie Mae/Freddie Mac, bridge and mezzanine. To date, borrowers have submitted loans from $3 million to $50 million to the marketplace. And, borrowers are seeking the loans for varying project needs – purchase, refinance, new construction, rebranding and renovation.

CrediVia co-founder Anuj Mittal is a seasoned hotelier who imagined this marketplace concept based on his own personal financing frustrations. A user of the platform himself, he explained, “Borrowers’ two primary challenges are finding the appropriate lender for their loan and finding the best loan terms. CrediVia gives borrowers access to a large, diverse lender community that they might not have otherwise known, both simplifying and expediting their pursuit of capital.”

Traditional sourcing of qualified loans takes time and money, and the industry has mostly lacked an effective way of quickly matching applicants to the right lenders who can help them. CrediVia is helping lenders accelerate their deal velocity without incurring huge operational costs or sacrificing a loan’s integrity. Within CrediVia, lenders establish their specific loan parameters to fit their unique credit policies. When a loan request is submitted via the marketplace, only those applicants who meet their borrowing criteria are sourced directly to their queue. Lenders also receive a complete loan package at the onset to expedite the decisioning and underwriting process.

Michael J. Richardson, CrediVia’s chief commercial officer, explained, “We’re excited for the early growth and momentum that CrediVia has built in the market, and the ongoing interest we’re seeing while onboarding new lenders. Our team is confident in the platform’s ability to enhance transparency between lenders and borrowers, opening up communication during the loan process, and to ultimately generate lasting, mutually beneficial relationships.”

Launched initially as a hospitality financing marketplace, CrediVia quickly expanded platform capabilities to also include multifamily, and will continue broadening its reach to other areas of commercial real estate lending.

About CrediVia

CrediVia is a cloud-based platform that directly connects commercial real estate lenders and borrowers, allowing them to have the greatest potential for mutual success. The online marketplace keeps the application process simple, fast and transparent without sacrificing the loan’s integrity. CrediVia becomes borrowers’ return source for new financing, and lenders’ reliable partner for loan relationships tailored to their portfolio. Visit or follow @CrediVia for more information


Anuj Mittal
Co-Founder & CEO

5720 Creedmoor Rd.
Suite 205
Raleigh, NC 27612

Media Contact:
Megan Fort
Account Supervisor
William Mills Agency
T 678-781-7223
C 678-758-2267

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