Member CreditEnable launched the “We Move Forward” initiative designed to help SMEs keep their businesses safe during the COVID-19 crisis. Offering free financial health checks and access to working capital loans, CreditEnable plans to provide 600,000 SMEs with this free service over the next month.  

Speaking about the initiative, CreditEnable CEO Nadia Sood said “At this time of extraordinary uncertainty in the world, SMEs need more support and guidance than ever before. We Move Forward is a fully digital and contactless support programme designed to help SMEs understand their current financial position and access affordable and appropriate finance. We look forward to assisting as many SMEs in India as possible.”

Details of the initiative:
1.    Every SME will be entitled to a FREE financial health check implemented by CreditEnable.
2.    The health check will provide a confidential assessment of the company’s financial strength and practical tips on how to improve. 
3.    Every creditworthy SME will be assisted by CreditEnable to secure a working capital loan to protect against a downturn in the economy.
4.    No fees will be charged by CreditEnable. 

To view a video tutorial of how the free Business Stability Health Check works, click here.

Interested businesses can apply via https://bit.ly/IFCWeMoveForward 

About CreditEnable
CreditEnable is a multi-award winning credit insights and technology company that applies proprietary data analytics, deep learning, AI, and technology to build solutions to the world’s biggest financial challenges. The firm operates India’s largest tech-enabled SME credit marketplace in India and provides decision optimising solutions to help SME lenders grow efficiently and supports SMEs to prepare for and access affordable credit from formal financial institutions.