The SME (Small and Medium-sized Business Enterprise) segment is one of the fastest-growing components of a booming economy in today's global marketplace and nurturing it for further growth is in the key interest of every nation. Take, for instance, in the U.S itself, SME segment employs over 50% of the country's private workforce, contributes over 50% of non-agricultural GDP, and has consistently created 2/3rds of new employment opportunities in the last two decades. Under such a scenario, the country can hardly afford to lag behind when it comes to identifying and nurturing this critical component of its economy.

1. Measures to ease SME's
access to Finance

2. The SME (Small and Medium-sized Business
Enterprise) segment is one of the fastest-growing
components of a booming economy in today's global
marketplace and nurturing it for further growth is in
the key interest of every nation. Take, for instance, in
the U.S itself, SME segment employs over 50% of the
country's private workforce, contributes over 50% of
non-agricultural GDP, and has consistently created
2/3rds of new employment opportunities in the last
two decades. Under such a scenario, the country can
hardly afford to lag behind when it comes to
identifying and nurturing this critical component of
its economy.

3. However, the sad reality is that the monolithic
traditional banking sector is yet to wake up and
realize the latent potential of this path-breaking
heterogeneous segment (In the year 2018 itself, there
was a funding gap of $5 trillion in the needs of the
SME segment and the options available from
incumbent sources), a major portion of this
important customer segment is relying heavily on
our alternative SME lenders, like CrestHill Capital.

4. Today's article throws light on the market disruption
and economic bottlenecks being faced by the SME
sector and how we, at Alt lending is transforming how
SMEs are being upheld and boosted - today and in the
days to come.
We are leveraging our years of experience and
automation investment to create huge scope for Cash
Advances for the SME segment in the last few years.
Our bold approach, coupled with the use of
innovative technology, is fast making Alt lending
emerge as the forerunner in this particular capital
building category.

5. Let me give you a purview of how
we, in the Alt lending sector, are
making definite inroads into
financing the SME segment?

6. 1. The fast processing of Cash Advances with
minimal to nil paperwork and fast funding approval
make us automatically the first choice of SME
operators. Cash Advances now get disbursed in as
less as 48 hours. Online application features,
automated approval process, and automated pricing
capability assessment make financing quick and
hassle-free.

7. 2. Cash Advances accessed from our Alt
Finance companies like Crest Hill Complaints
are offered at a far more reasonable rate of
interest than daily payment credit. The
enhanced price transparency helps to forge
trust and lasting business relations.

8. 3. Our Alt lending companies like CrestHill
Capital make use of data analytics to generate
cloud-based credit scoring to have a more predictive
overview of their client's business ratings. The lack
of dependence on actual credit scores leads to much
lower operating expenses and gives a more new age,
conventional economic thrust to the business by
accurately analyzing SME activity, profitability, and
liquidity.

9. 4. Our friendlier and more accessible customer portal
24 X 7, like for example Crest Hill Complaints, provide
all possible assistance and facilitate lending based on
"softer" underwriting criteria like the promise of a
long-standing relationship with the borrower. More
than a history-based equation with the customer, our
new age Finance model relies on AI algorithms and
sophisticated credit assessment models to gauge the
credit-worthiness of our customer base.

10. 5. Our realtime risk profit assessment module uses a
mix and match of traditional tools and alternative
data like Predictive indexes, which are based on
current and future cash flow figures from book entries
and bank accounts. We use this data to gauge the SME
ability to repay credits and lay down the foundation of
a dependable economy. This keeps in check the need
for collateral requirements and keeps interest rates
reasonable, which otherwise would have spiked to
compensate for the increased risk.

11. The enhanced integration of digital
technology promises a period of constant
and rapid change, and unless the traditional
banking sector upgrades its entire approach,
we at Alt finance are gearing to gain a higher
percentage of the overall market share in the
upcoming future.