March 28, 2024
How AI is Dramatically Changing Credit Decisioning
Artificial Intelligence (AI) is revolutionizing credit decisioning, reshaping how lenders assess creditworthiness.
Best Webflow Template
Enabling Credit for MSMEs
with GenAI
AbleCredit generates Credit Decisions for MSME borrowers with no documented income, without involving a human credit manager.
Risk Efficient Credit Underwriting
Fraud-Proof PD Report
AbleAI cannot be manipulated or bribed to give incorrect decisions or misrepresent facts.
Cashflow Verification
AbleAI assesses the accuracy of claimed cashflows by studying images, locale and audio.
Go/No-go with Eligibility
Finally, a conclusion that is fast, complete and complies with the Credit Policy of the Lender.
50+ Risk Signals for Fraud Prevention
AbleCredit analyses 50+ Risk Signals including turnover validation, proof of work, business and operational knowledge of the borrower, inventory, among others. This ensures that it is extremely difficult to defraud the model.
Vision AI: Turnover Estimates from Images
AbleCredit's unique model estimates turnover by analysing the setup, inventory, lifestyle and more via images.
Assess Claimed Income
By looking at the images, the AbleAI can estimate the income of the borrowers.
Detect Fraud Signals Quickly
AbleAI can judge the claims of business operations by analysing images.
How AbleCredit Works
Voice AI that gets Indian languages
Borrowers can talk in their native languages without hassles. Able AI will translate.
Voice of Customer
The PD report is generated with "voice of customer", verifiable with the recorded audio and its English transcript.
PD Quality Report
The report showcases how deep the PD was and whether assessing officer covered all perspectives.
Features for the AI EDGE
List of Features
Discover Quality of Revenue
Uncover true business potential by studying counterparties.
Top Counterparties
Automate Personal Discussions
Assist your credit team to get deep into the lives of borrowers.
AI Driven PD
Study Industry & Market Trends
Benchmark each loan case against the right industry data.
Industry Benchmarks
Automate Rules and Deviations
Get the AI to run your busines rule engine, and generate deviations.
Credit Automation
Lending, Supercharged with AI
Lend to Borrowers Without Credit History
Revolutionize PD-based lending with AI.
Assess borrower repayment capabilities by analysing risks
Validate ownership of cattle, amount of inventory and operational and turnover
Reduce Risks by setting accurate credit limits with customised loan terms
X-Ray of Assets for Secured Loans
Streamline secured lending by rapidly summarizing and thoroughly analyzing technical and valuation reports.
Free up the Credit Team to engage in deeper discussions with customers
Generate detailed analysis to stay compliant.
Assess Anchors and Their Vendors Relationships
Onboarding large anchors is a breeze thanks to AbleCredits deep AI system. Set custom credit limits for each vendor using a stright-through process.
Frequently asked questions
How will AbleCredit increase a Lender's market share?
AbleCredit is designed to deliver human-expert like reports, using multiple data sources, within minutes. You can underwrite a lot more loans, and have the credit team focus on customers a lot more.
Can you explain the pricing model?
Able is priced on a per loan case basis. As an enterprise focused product, we have a very flexible pricing. The exact price depends on the number of data sources and the volume of loan applications getting processed per year.
Is AbleCredit deployed in any of the large banks or NBFCs?
AbleCredit is in a pilot stage with 10+ large scale NBFCs and banks. Given the complexity of our space, the AI is getting better everyday at analysing like humans, and in some cases, even better.
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