CreditEnable, the pioneering SME loan arranger and credit assessment company, and theÂ Confederation of All India Traders (CAIT), the worldâ€™s largest SME association representing 70 million SMEs, will convene a program at Nagpur on April 24 to launch theÂ All India CreditEnable ChangemakersÂ 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 worldâ€™s biggest financial problems. CreditEnableâ€™sÂ borrower solutions help SMEs better understand lendersâ€™ 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 CAITâ€™s 70 million members secure more affordable debt financing.Â The programmeâ€™s formal national launch will take place in Mumbai the first week of May.
CAIT members joining theÂ All India CreditEnable Changemakers ProgrammeÂ 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 CreditEnableâ€™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
ToÂ approve a loan
-What makes a company creditworthy from a bankâ€™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 Â 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, Â JayshreeÂ Gupta, Dr. Swarnima Sinha, Sarita Chaurasia, Vijay Chaurasia,Â Govind Patel, Vinod Gupta, Ravindra Gupta, Jyothi Awashi were prominently present at the occasion.