Securing funding for further education can be exceptionally difficult for learners with poor credit. What loans are available will typically carry a high interest rate. That marks a catch-22 for individuals hoping to advance their socioeconomic status with further education. The company Meritize thinks it has a solution. Based on factors like work history and military service, they offer loans for professional programs on a partial merit basis. On Wednesday, the company closed a Series A funding round to the tune of $13.2 million to help advance their work.