CreditEnable, the pioneering SME loan arranger and credit assessment company, and the Confederation of All India Traders (CAIT), the world’s largest SME association representing 70 million SMEs, will convene a program at Nagpur on April 24 to launch the All India CreditEnable Changemakers Programme for Nagpur, at Hotel Ashoka, Laxminagar, at 5.00 pm
CreditEnable is a global credit insights and technology solutions company. The firm has developed numerous proprietary technologies in AI that it draws on to build solutions to world’s biggest financial problems. CreditEnable’s borrower solutions help SMEs better understand lenders’ credit requirements, get prepared for debt and secure the capital they need at an affordable rate.
This important event is the first of a series of nation-wide events jointly convened CreditEnable and CAIT with the goal of mobilising 1000 CAIT members to become CreditEnable Changemakers and empowering them to help CAIT’s 70 million members secure more affordable debt financing. The programme’s formal national launch will take place in Mumbai the first week of May.
CAIT members joining the All India CreditEnable Changemakers Programme will be trained to assist their fellow SMEs to understand the loan process and help them to secure credit at competitive and affordable rates through CreditEnable’s technology-enabled marketplace which matches SME borrowers to lenders.
Components of the training provided to CAIT members through the programme will include such vital things as:
-What types of documentation a bank needs from an SME in order
To approve a loan
-What makes a company creditworthy from a bank’s perspective
-What a company can do to improve its creditworthiness and improve its likelihood of securing a loan.
A meeting of Team CAIT to overview the preparation was held today in Special presence of National President Confederation of All India Traders New Delhi (CAIT), B.C. Bhartia . Bhartia gave necessary suggestions in the meeting.
Kishor Dharashivkar, Nikhilesh Thakar, Farooque Akabani, Anil Nagpal, Jayshree Gupta, Dr. Swarnima Sinha, Sarita Chaurasia, Vijay Chaurasia, Govind Patel, Vinod Gupta, Ravindra Gupta, Jyothi Awashi were prominently present at the occasion.