FlexiLoans is an online lending platform started with an endeavour to solve the problem that SMEs face in accessing Quick, Flexible and Adequate funds for growing their Businesses. Over 80% of Loan proposals from SMEs currently are rejected by institutional channels on account of inadequate financial history or collaterals. With the fast and ubiquitous digital adoption in India and increased avenues to leverage data analytics, we are standing on the verge of Banking transformation in this country which will help us efficiently cater to the large untapped and unserved demand. We wish to make the ‘social and alternative scoring’ of SMEs and Individuals a big opportunity for the economy that will far out place the limited insights that financial bureau provide. We believe our technology-powered online marketplace is the best model to meet the financial requirements of SME’s who do not have credit history and hence cannot avail loans from traditional banking channels.
FlexiLoans is a Great Place To Work too. We are certified as a Great Place To Work® endorsed by the Great Place to Work® Institute.
Our Vision is to provide “Financial Access at a Click”. Consumers and small business owners can borrow through FlexiLoans to get loans customised to their needs at a fast pace and at transparent finance charges. We utilize our technology to provide a better experience, offering borrowers a convenient, simple and fast online application that improves the often time-consuming and frustrating loan application process. We will generate unique scores based on each customer profile using our proprietary credit engine which will help them avail loans from our lending partners.
Our technology platform powers our online marketplace and enables us to deliver innovative solutions to borrowers and investors. Our proprietary technology is built to remove the friction points in operations, including the borrower application process, data gathering, credit decisioning and scoring, loan funding, customer servicing, regulatory compliance and fraud detection.