Our sole mission is to bring unsecured loans to Micro & Small Businesses. Not even 10% of 6 Crores Micro & Small Businesses get loans from Banks & NBFCs as most of them don’t have enough financial footprint, bank transactions or assets to offer as collateral. However, they contribute towards 25% of the GDP and also support 25% of India’s population. Credit specially in the form of Working Capital and Term Loans are very important for the Businesses to grow and aspire to become bigger, better and more efficient.

60 Lakh Micro & Small Businesses i.e. 10% subscribe to registered chit funds and have build a strong track record by paying monthly chit subscriptions. CredRight Finance uses it Machine Learning algorithm & Analytics to process the chit payment history along with other socio-business data to build much more accurate & holistic credit profile enabling the business to get unsecured business loan.

Using our app & digitized processes we are able to disburse loans within 3-5 days, making it very easy for our customers to go through the process without getting distracted from their main purpose i.e. running & growing their business. More than 95% of our customers are new to business credit, helping them to enter world of formal institutional finance.