HOW IS CREDIT4BUSINESS DIFFERENT FROM OTHER ALTERNATIVE BUSINESS FINANCES

HOW IS CREDIT4BUSINESS DIFFERENT FROM OTHER ALTERNATIVE BUSINESS FINANCES

As our tagline says “ For your funding needs we are friend in deed” , we really mean it. We have always established a deep bonding with our customers. From the very first day of engagement with our customers, we take a friendly approach in studying and understanding their business financing needs. We do not practice lending to make profit alone but earnestly wish the finance brings best results for the business.

We here at Credit4Business take an empathetic lending approach to some small businesses which are struggling to fund their business needs owing to poor credit history. Generally the mainstream lenders will blindly stick to the credit history and if the business owner had defaulted due to some circumstantial pressure in the past, it will impair his credit history and make him ineligible for finance. We have a humanitarian approach and we listen to the entrepreneurs rather than judging them based on credit reports. Also we have our own way of evaluating the businesses unlike the conventional credit appraisal mechanism. This is the reason why many small businesses over the past years have established trust in our financing mechanism. Our financing takes a friendly approach in incorporating the different needs and difficulties of the businesses. This is the reason why we choose to engage our representatives with every entrepreneur that approaches us. We know that most of the alternative financing companies have gone completely digital and are lacking a face to face relationship with their clients. This results in their failure to understand the genuine requirements of the business. We here at credit4business establish rapport with the entrepreneurs which is very crucial for them to be honest and transparent about their real business scenario. This helps us to offer them the support when it is needed the most, just like how a friend will call his close friend for support. We firmly believe that our finance is beneficial for the business only if they make optimum use of it. As it carries a fixed cost which may prove dearer if is not utilized wisely. So we will clearly talk the entrepreneur through our process and after understanding their requirement, will advise them whether our finance is beneficial to them or not. Our aim is to grow with our clients. So our clients success and growth is also one of our main focus points. The tenure of products are designed for the short term. It should be between 1-12 months . So this is ideal for the businesses which look for funding to offset their short term obligations. Also for the business which has already been generating revenue and whose working capital cycle is much shorter. The liquidity of the business is a very vital part of the evaluation criteria and if we exclude any of the business due to this reason it will be explicitly informed to them.