SME financing is not a new challenge, it is also not a challenge unique to the Indian financial sector. Today, extensive research is being done on the Indian SME sectors’ creditworthiness and its ability to repay loans, and almost every stakeholder in the banking sector has been trying to crack this market segment. To add…
Small businesses are truly the backbone of the Indian economy, but what do you do when lockdowns and COVID restrictions have impacted the way you conduct your business? And even if your business is open, how do you convince customers that it is safe to come out and shop again? This is where you can…
Nowadays, no conversation is complete without the topic of the COVID vaccine coming up. Have you got it yet? Are you getting it? Why are getting it? Which one are you getting? When are you getting it? And where do I get an appointment from? The vaccine has become our ray of hope, making us…
COVID-19 continues to disrupt the economy and is probably having a big impact on your business. The rolling lockdowns and ever-changing restrictions and guidelines make it hard to manage day-to day and even harder to think about planning for the future, so we put together our top tips for how to use technology to keep…
By Nadia Sood, CEO, CreditEnable SMEs are hailed as nation builders and the backbones of developed and emerging economies alike, and yet adequate financing from the formal market is still elusive for most SMEs at home and abroad. The primary reason is that the extraordinary array of technology that enables banks to underwrite competitive loans…
By Nadia Sood, CEO, CreditEnable Last month, in the first of a two-part series, Nadia Sood, CEO at CreditEnable explored the potential pitfalls of AI when it comes to gender inclusivity and how its introduction can also help eliminate biases. In this month’s article, I explore how AI can be applied as a force for…
By Nadia Sood, CEO, CreditEnable It is undeniable that our lives have been made better by artificial intelligence (AI). AI technology allows us to get almost anything, anytime, anywhere in the world at the click of a button: prevent disease epidemics and keep them from spiralling out of control, and generally just make day-to-day life…
We expect the world of SME finance to have fundamentally changed by 2030. A significant and transformational shift has already taken place over the last 10 years in which innovative FinTech companies, challenger banks, specialist digital SME lenders, E-commerce players and aggregators like Facebook and Google have entered the $8.1 trillion SME credit market and…
At every stage of your business’s growth, having an organised and transparent financial history is essential when trying to secure a business loan. Banks will want to see consistency across your finances, so it’s important to get into good habits, no matter how big or small your company is. Start-Up: Build Your Financial History As…
