Get loans faster, even without credit score

Flexiloans, a digital fintech start-up, claims loan approval in 24-48 hours, reports Vinay Umarji

Low CIBIL score? No collateral or income tax return (ITR) to show to banks but need urgent working capital?  Flexiloans could be your answer.

With home-built technology that assesses the creditworthiness of an applicant within 24 hours, Flexiloans has been trying to create a niche in the rapidly crowding financial technology or fintech market.  Founded by four Indian School of Business (ISB) graduates — Abhishek Kothari, Ritesh Jain, Deepak Jain and Manish Lunia — in late 2015, it was incorporated in February 2016. 

The start-up has serviced working capital for about 750 customers and is growing rapidly. Tapping small and