The Kredo score is a proprietary commercial credit score that uses both traditional and alternative data sources to provide a comprehensive assessment of a business’s creditworthiness. This includes factors such as:
The Kredo score is calculated using a sophisticated machine learning algorithm that has been trained on a massive dataset of historical business credit data. This allows us to provide a highly accurate and predictive score that lenders can rely on to make informed decisions.
The Kredo score offers a number of benefits to lenders, including Faster underwriting decisions and providing a comprehensive score. The score can help lenders make faster and more accurate decisions on business loan underwriting, reducing the time it takes for businesses to get the funding they need.
The Kredo score can help lenders identify more creditworthy borrowers, leading to increased approval rates.
The Kredo score is calculated using a sophisticated machine learning algorithm that has been trained on a massive dataset of historical business credit data. This algorithm takes into account a variety of factors, including the business’s KYC documents, bank statements, GST reports, ITR, and financial statements.
The Kredo score is calculated on a scale of 0 to 100, with a higher score indicating a more creditworthy business. A score of 75 or higher is generally considered to be good, while a score of 85 or higher is considered to be excellent.