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How does CreditEnable work? | Nadia Sood to ET Now | Startup Central

CreditEnable is a fintech startup. Think of it as an Uber for business loans for SMEs.
First, it checks if the business is creditworthy, so a business can “apply for a loan without actually applying” and impacting its credit score.

Then CreditEnable figures out which bank or NBFC would be the best suited to give that SME a loan.
It's working with the likes of ICICI, Kotak and Bajaj Finance.
During the Lockdown, CreditEnable helped SMEs get loans in a record 4 days. Incidentally, it doesn’t charge the SME any processing fee.

How does CreditEnable work? Here’s the co-Founder in conversation with ET Now’s Nayantara Rai