For these businesses, obtaining working capital or funds for expansion can be extremely challenging. According to estimates, the credit gap for Indian SMEs stands at over $380 billion. This unmet demand for capital stunts their potential, inhibits innovation, and constrains their contribution to economic development.
Indifi’s Solution: A Digital Platform for SME Lending
Indifi addresses these challenges by creating a tech-driven lending platform that connects SMEs with institutional lenders. What sets Indifi apart is its ability to underwrite loans using alternative data sources and tailor credit products based on specific business needs. By understanding the nuances of different sectors, Indifi offers customized financial products, reducing the risk for lenders and providing businesses with loans better suited to their requirements.