Smeniwas.com, an IIT Bombay incubated company is a Micro Small and Medium Enterprises (MSME) focused, online lending platform. We enable debt funding for our MSME clients through our own NBFC (Bifco Leasing and Finance Private Limited) as well as our partner banks and NBFCs.
We are a team having over 60 years of experience between us in top financial institutions (banks , NBFCs and others) with significant exposure to the MSME sector.
Apart from traditional MSMEs, We focus on growth stage companies which have a min 2-3 year track record.We support and believe in committed entrepreneurs who have demonstrated growth but may not have yet achieved positive bottom line.
Our in house developed credit analysis tools including credit scoring model and liquidity assessment model allow us to give weightage to monthly growing businesses and not focus on only historical financials.
Our cloud based back end means a significant part of our application and document submission process is online enabling faster turn around.