Lender Uses Innovative Ways To Evaluate Applications.
Ravi Narwal (20), of Delhi, is preparing to become a Charted Accountant. At the same time, he wants to build a physique like Bollywood star Ranveer Singh. In order to manage time and keep track of his activities, he feels, having a hi-end smartphone is essential. However, he cannot afford one, as of now.
Like Narwal, many have an assured career, definite collateral, but lack capital for an important or immediate purchase.
Loan from banks for small products like mobile phones or two wheelers, is a cumbersome process. Add to that, the complicated paperwork. Here comes Clix Capital to the rescue.
“Most lenders tend to be risk averse. It requires a complete mindset change. Our team uses advanced algorithms to assess their ability to repay and do not depend on surety,” said Bhavesh Gupta, CEO, Clix Capital.
Get set for paperless loan in less than two minutes. Gupta confirmed, “It is possible to offer capital after evaluating the loan applications in newer innovative ways.”
Clix Capital is a non-banking finance corporation (NBFC) headquartered in Gurugram, Haryana. It was set up in 2017, after AION Capital acquired the commercial lending and leasing business of GE Capital, which was renamed as Clix Capital.
Gupta’s aim is to offer easy capital access to individuals like Narwal.
Denne historien er fra December 2018-utgaven av Outlook Money.
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Denne historien er fra December 2018-utgaven av Outlook Money.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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