Financing Platform – Credit Bazaar
“ProFinTech’s Credit Bazaar for MSMEs : Empowering Trade with Speed and Security ”
Our platform leverages cutting-edge data analytics and risk assessment technologies to quickly connect MSMEs with financial partners, and enables fast trade loan approvals within 2-3 days without cumbersome documentation.
Our platform leverages cutting-edge data analytics and risk assessment technologies to quickly connect MSMEs with financial partners, enabling fast trade loan approvals within 2-3 days without cumbersome documentation.
Credit Bazaar platform for MSMEs
Continuous cashflows are very critical for Micro and Small enterprises, as their day-to-day operations can stop or get affected quite badly if they run short of cash. The receivables – the money that they have to get from their buyers for the goods/services provided, usually are delayed, and create crash crunch. And the long documentation process that they have to navigate when they need a loan, is an additional stress.
Some big needs & priorities of MSMEs*
(*especially, Micro and Small businesses) :
How would Credit Bazaar benefit MSMEs :
Credit Bazaar is designed for
- Fast loan access : addresses cash flow needs quickly to prevent operational disruptions
- Small ticket financing needs of enterprises at every milestone of their trade journey
- Simplifying processes : reduces the long and complex traditional loan documentation
- Strategic financial partnerships : collaborates with top banks and NBFCs for efficient loan disbursement
How different is Credit Bazaar from Traditional financing model :
Credit Bazaar – Get Trade financing in 6 Steps. And within 2-3 days.
Do watch this short video to understand how Credit Bazaar works
Credit Bazaar platform for Banks & NBFCs (Finance Partners)
ProFinTech, currently, is partnering with some of the top-notch Banks and young NBFCs to rollout data analytics + tech based frameworks, which enable faster credit decisions and loan disbursals to small businesses.
Some big needs & priorities of Banks and NBFCs :
How would Credit Bazaar support Banks & NBFCs :
Credit Bazaar is a highly contextualized and data-enriched financing framework for our Finance partners. It deeply embeds within trade ecosystems and collects real-time signals for an MSME’s operational and financial status. This helps our finance partners make accurate, faster credit decisions (fully evaluated on the risk parameter) and expand their loan disbursement coverage. It enables
- Data-driven credit decisions from 700+ data points : Usage of such real time multidimensional data including GST data, allows our finance partners to have a more holistic view and credit assessment of an MSME, which would reduce the risk of bad debt
- Risk mitigation : Because of informed decisions made on comprehensive data, our finance partners can reduce the possibility of bad debt exposure
- Security and Privacy : We are ensuring robust data privacy and security throughout the loan processing journey
How different is Credit Bazaar from Traditional financing model :
The state-of-the-art Credit Recommendation Engine and its functionality depth demonstrates ProFinTech’s visionary approach to credit assessment and risk management. It utilizes various data sources, risk parameters and cutting-edge AI algorithms to deep dive into every MSME’s financial and operational data. And provides a 360-degree view of the context and degree of risk in the B2B trade financing request. Predictive Analytics and Advanced Data analytics are
the two big features of CRE --- AI models leverage historical and real-time data to predict future trends, adapting to market conditions for consistently relevant risk assessments. By mapping the complex web of transactions and relationships, graph analytics reveal insights into network dynamics, fraud detection, and customized risk assessments.
Credit Bazaar platform for Large Enterprises
Large Enterprises in industries like Auto manufacturing & Auto ancillaries, Pharma, Electronics manufacturing and Retail etc are a thriving ecosystem of supply chain partners, third party vendors, transporters, and suppliers of packaging and other services. Many of them, after having grown from being a small enterprise to the size of Rs 500 crore+ turnover, would support faster cashflows for their smaller suppliers – which is a possibility with a trade financing collaborator like ProFinTech.
Some big intents of Large Enterprises :
How does Credit Bazaar facilitate faster cashflows within their ecosystem :
Credit Bazaar, the highly contextualized and data-enriched financing framework can create a significant value to every larger enterprise and its ecosystem of smaller business enterprises – in terms of enhanced liquidity, risk mitigation, and optimized cash flows.
It enhances supply chain finance by integrating comprehensive, real-time financial data analysis, supporting better risk management and decision-making.
As you have read in the sections for MSMEs & Banks in this page, Credit Bazaar’s operational framework is built around data and interconnectivity between various public and private data sources, including the most critical one, GST. Through Credit Bazaar, we maintain a meticulous 3-tier verification process :
How different is Credit Bazaar from Traditional financing model :
We would scale our finance programme for suppliers through two big features –
Zero recourse financing and Transparent monetization at a transaction level for large enterprises.
Want to partner with us. Lets connect and discover the impact of streamlined trade financing.
ProFinTech’s Embedded Financing for B2B Marketplaces
Finance and Trade go hand in hand. Finance is critical for the exchange of products and services on Business-to-Business marketplaces. Therefore, it is important to have a seamless flow of finance during business transactions, which comes with credit terms, payment terms and documentation processes. This is where ‘Embedded financing’ comes in – with embedding finance options like ‘paying later’ or ‘pay with credit terms customized to buyers/sellers needs’ throughout the journey, B2B marketplaces can actually extend a greater value to their customers.
Some big priorities of B2B Marketplaces :
Why should B2B Marketplaces consider ProFinTech
ProFinTech provides a Data and Deep-Tech driven Embedded trade financing solution for all B2B Marketplaces. Through facilitating smooth trade collaborations with timely financing for daily trade transactions between buyers and sellers, our solution helps B2B marketplaces retain their customer base. Besides this, our solution also boosts the overall transaction volume.
How do we go about designing a trade financing solution :
Our embedded trade financing solution maintains a strong emphasis on the synergy between data pipelines and engineering solutions like Webhooks, in order to ensure faster, more efficient and safer trade financing process. The 4 key principles (as shown in the diagram below) form the core of our embedded trade financing solution for B2B Marketplaces :
