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About the Company

CredRight is a digital lending fintech platform that focuses on providing loans to micro and small businesses in India. They use technology and alternate data to assess and facilitate loans, aiming to make the loan application process easier for small business owners. 

Here’s a more detailed breakdown:
  • Focus:

    CredRight specializes in providing loans to micro and small businesses (MSMEs). 

  • Digital Lending Platform:

    They leverage technology and data analysis to streamline the loan application process. 

  • Alternate Data:

    They utilize data beyond traditional credit history to assess borrowers’ creditworthiness, including chit fund payment history. 

  • Partnerships:

    CredRight collaborates with various entities, including chit fund industry stalwarts, to expand its reach and facilitate lending. 

  • Loan Types:

    They offer various loan products, including working capital loans and loans against property. 

  • Accessibility:
    CredRight aims to make loaning accessible to more businesses, especially those who may struggle with traditional lending processes. 
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