CreditEnable: The World’s Leading Managed Digital Platform for SME Finance

 CreditEnable: The World’s Leading Managed Digital Platform for SME Finance – SMEs are the backbone of the global economy, contributing to the GDP, employment, innovation, and social development of every country. However, SMEs face a major challenge in accessing affordable credit from lenders, due to various factors, such as lack of financial information, credit history, collateral, and trust. According to the World Bank, there is a $5.2 trillion financing gap for SMEs globally.

CreditEnable

Details of the startup:

  • CITY : Mumbai
  • STATE : Maharashtra
  • STARTED IN : 2018
  • FOUNDERS : Nadia Sood, Philip Hua and Varun Sahni.
  • NUMBER OF INVESTORS : 12
  • LATEST ROUND INVESTMENT : ₹146.55M
  • TOTAL INVESTMENT : ₹562.60M
  •   TOTAL SECURED LOANS AVAILED : Nil

You can find their website here

That’s why CreditEnable was founded. CreditEnable is a credit insights and technology company that applies proprietary data analytics, AI and technology to build solutions to the world’s biggest financial challenges. CreditEnable builds and operates managed digital marketplaces for SME credit, providing decision optimising solutions to help lenders grow efficiently, and digital services to help SMEs access affordable credit when they need it. CreditEnable is headquartered in UK with offices in London, Mumbai and across India.

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Features and Benefits

CreditEnable offers a comprehensive credit solution that covers every aspect of the SME lending journey, from eligibility to disbursement. Some of the key features and benefits of CreditEnable are:

  • For Borrowers: CreditEnable helps SMEs find the best loan for their business, by providing them with a fast and free eligibility check, a curated list of lenders and loan products, and a dedicated relationship manager. CreditEnable also helps SMEs improve their credit profile, by providing them with personalized credit advice, financial education, and credit monitoring. CreditEnable helps SMEs save time, money, and hassle, and access loans up to £15 million at competitive interest rates.
  • For Lenders: CreditEnable helps lenders grow their SME portfolio, by providing them with a pipeline of pre-qualified and verified SME borrowers, a digital platform to manage and monitor the loan applications, and a suite of credit analytics and decision tools. CreditEnable also helps lenders reduce their operational costs, risks, and defaults, by providing them with automated and standardized processes, data-driven and compliant underwriting, and proactive and preventive collections. CreditEnable helps lenders increase their revenue, efficiency, and profitability, and access new markets and segments.
  • For Partners: CreditEnable helps partners open more options for their SME clients to get finance, by providing them with a referral program, a co-branded platform, and a commission structure. CreditEnable also helps partners enhance their value proposition, by providing them with a full credit assessment, a dedicated relationship manager, and a faster payout. CreditEnable helps partners increase their customer satisfaction, loyalty, and retention, and access new opportunities and incentives.
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Success Stories and Recognition

CreditEnable has successfully and responsibly delivered its platform to various customers, clients, and partners, across various sectors and segments. Some of these are:

  • SMEs: CreditEnable has helped thousands of SMEs across India to access affordable credit for their business needs, such as working capital, expansion, equipment, and more. CreditEnable has helped SMEs from various industries, such as manufacturing, trading, services, and more. CreditEnable has helped SMEs save up to 30% on interest rates, 50% on processing time, and 70% on documentation.
  • Lenders: CreditEnable has helped hundreds of lenders across India to grow their SME portfolio, by providing them with access to a large and diverse pool of SME borrowers, a robust and scalable platform, and a comprehensive and intelligent solution. CreditEnable has helped lenders from various segments, such as banks, NBFCs, fintechs, and more. CreditEnable has helped lenders increase their loan disbursement by up to 40%, reduce their operational cost by up to 60%, and lower their default rate by up to 80%.
  • Partners: CreditEnable has helped dozens of partners across India to open more options for their SME clients to get finance, by providing them with a referral program, a co-branded platform, and a commission structure. CreditEnable has helped partners from various sectors, such as accounting, consulting, legal, and more. CreditEnable has helped partners increase their customer satisfaction by up to 90%, loyalty by up to 80%, and retention by up to 70%.

CreditEnable has also received several awards and recognition for its innovation and impact, such as:

  • Top 10 Fintech Startups in India by Startup India Initiative in 2020
  • Top 50 Emerging Startups in India by NASSCOM in 2020
  • Top 10 Credit Platforms by Capterra in 2020
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CreditEnable is a platform that helps SMEs access affordable credit from lenders, using proprietary data analytics, AI and technology. CreditEnable builds and operates managed digital marketplaces for SME credit, providing decision optimising solutions to help lenders grow efficiently, and digital services to help SMEs access affordable credit when they need it.

CreditEnable is the world’s leading managed digital platform for SME finance, and one of the global elite in the field. CreditEnable has successfully and responsibly delivered its platform to various customers, clients, and partners, across various sectors and segments. CreditEnable has also received several awards and recognition for its innovation and impact.

If you are interested in learning more about CreditEnable and its platform, you can visit their website or follow them on social media such as LinkedIn , . You can also contact them at info@creditenable.com or call them at 096570 51234. CreditEnable is always looking for partners, distributors, and customers who share their vision and mission of helping SMEs access affordable credit when they need it.

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