Credlix

0 reviews

Credlix is a digital supply chain finance platform that offers swift, collateral-free working capital solutions to enterprises, suppliers, and exporters. By integrating advanced technology with an extensive lending network, Credlix streamlines financing processes, enabling businesses to enhance cash flow and seize growth opportunities without the burden of traditional loans. With a presence in India, the USA, UAE, and Mexico, Credlix supports over 5,000 MSMEs, funding more than 75,000 invoices and disbursing over $500 million across 120+ cities. Key Features and Functionality: - Export Factoring: Provides non-recourse factoring up to 90% of invoice value for buyers in over 90 countries, with terms up to 120 days. - Purchase Order Finance: Offers financing against confirmed purchase orders for both domestic and export orders, with durations up to 90 days. - Sales Bill Discounting: Enables financing against domestic sales to buyers, preferably large customers, with terms up to 120 days. - Early Payment: Tailored vendor financing solutions designed for anchor customers to optimize cash flow. - Vendor Finance: Empowers suppliers with discounted accounts receivable processing in just two clicks. - Channel Finance: Facilitates financing for distributors through partnerships with NBFCs and financial institutions. Primary Value and Solutions Provided: Credlix addresses critical working capital challenges faced by businesses, particularly SMEs, by offering fast, collateral-free financing solutions. This approach improves cash flow, reduces financial burdens, and enables businesses to scale operations effectively. By unlocking the value of unpaid invoices, Credlix allows companies to access up to 95% of their invoice value within 24 hours, ensuring smooth operations and the ability to capitalize on new opportunities without waiting for customer payments.