CreditEnable has recently entered a strategic partnership with the Confederation of All India Traders (CAIT), which could help 70 million Indian traders to access affordable finance to invest in, and grow, their businesses.
“We are delighted to partner with CAIT on this important initiative,” said Nadia Sood, CreditEnable’s CEO.
“While there is a considerable supply of credit available to the Indian trading community there is an expectation gap between what financial information lenders require and what the trading community is able to provide. The partnership between CAIT and CreditEnable will work towards bridging this gap.”
SF has supported CreditEnable (formerly LendEnable), as part of our strategic partnership with the UK Government, as they build a global technology platform to equip traders with knowledge of the lending market and processes, and how to successfully meet lending criteria and financial reporting requirements of banks and other formal lenders.