Our business model serves lenders, individuals and businesses as follows:
* a subscription by lenders every month, ranging from $26-$112 to gain access to verified borrowers on our platform (LOAN BORROWER AGGREGATION), Loan management and monitoring beginning from loan origination to decisioning, disbursement and repayment; intelligent borrower matching and also use as portfolio growth tools.
* loan origination fee paid by lenders, ranging 1-2% this is based on agreement and volume
* a subscription fee by businesses per use case and monthly, depending if business is running a risk assessment only at $3.7 per use to ascertain business creditworthiness or an additional subscription to Xero or Zoho for bookkeeping and invoicing, business structuring and funding readiness at $37/$74.
* a subscription fee paid by individual users to ascertain their creditworthiness through credit risk assessment per use case, ranging from $0.74 to $1.45
* a loan recovery fee of 8-10% of total loan volume recovered through CrediSure professional recovery process
CrediSure is Africa's trusted credit intelligence and lending marketplace platform, helping SMEs and individuals access fair credit. We enable lenders to make smarter decisions through credit assessment, borrower matching, debt reporting, and recovery solutions.