IRIS Credixo helps lending institutions to move from traditional asset-based lending to data-based lending. The likes of Banks, NBFC’s and Fintechs can simplify their credit assessments with consented GST data.
This helps to bring down their cost of processing and arresting increase in NPA’s. Use of GST data transforms turnover and cash flow based financing to one based on first hand, real time information.
India is expected to have huge credit growth across sectors and more lending to MSMEs is in the offing. This provides us a unique opportunity to re-imagine credit products like never before. Credixo stands at the intersection of Data and Lending Experience.
It allows lenders to grow volumes, stand out from the competition and gather meaningful customer data to provide seamless “lending in the box” credit experience and design tailored customer journeys.
Why GST Based Lending?