CredRight – Fintech Company facilitating loans to MSMEs
CredRight is a new age digital lending company focussing on capital needs of Micro and Small enterprises by making the procedure of availing unsecured loans very convenient, transparent and prompt. The process is simple, documents are minimal, and loans are sanctioned within 4 to 24 hours and money is disbursed to customer’s account within three working days. The company determines credit worthiness, based on chit repayment history of applicants with registered Chit Funds. It also helps Chit funds go digital by leveraging ERP, digital payment systems and objective credit risk assessment/score. CredRight plans to reach out to more unserved and undeserved micro, small and medium enterprises (MSMEs) by leveraging technology and additional Chit Fund partners.
Neeraj Bansal is the Co-Founder and CEO of CredRight . Neeraj founded CredRight in 2016 targeting the capital needs of Micro and Small enterprises in India. Backed by the stalwarts of Chit Fund Industry and their partnership, the company leverages technology to provide collateral free and hassle – free working capital loans by a very convenient customer friendly and prompt process.
At CredRight, he is responsible for building up high performing team, developing channel partners, Chit Fund partners, lending partners and raising funds. Prior to starting CredRight, Neeraj worked as Associate Vice President with Tech Mahindra where he led and managed Cross Border acquisitions.
Prior to that, he worked as a Regional Director at Syntel where he was responsible for developing new business for the company at Benelux Union, developed and managed a team of high performing Sales Managers and was responsible for the P & L of the region.
Neeraj did his MBA in Finance, Sales and Marketing from IIM, Lucknow after completing his BE (Computer Science) from BIT, Durg.