Taking in consideration the above questions and solving the mentioned problems we at Lend Partnerz have developed a platform where we are trying to solve the issue of credit availability faced by the SMEs/ MSMEs by using AI & ML technology. SMEs/MSMEs may face major cash crunch because of credit period allowed by them to their customers. Lend Partnerz is trying to solve this problem by raising funds from investors to fulfil needs of these SMEs. Our credit facility doesn’t have any collateral requirements and need minimum documents. SMEs are supposed to use these funds until their invoice is cleared by their customer. In return investors get lucrative returns over money invested by them. To produce a very detailed risk model, we have eliminated the risk profile questionnaire as part of investment process. We are trying to evaluate financials & related documents required to calculate risk for approving credit facility using AI & ML technology. For on boarding online, machine is going to take every possible effort to precisely identify the identity of the customer.

To educate investors so that they can make educated investment decisions, I've put together a list of things you should know about investing in invoices via Lend Partnerz. Who are Lend Partnerz 's customers? What is invoice discounting? Our target customer is a small to medium enterprises (SME) in the India whose customers are larger companies that demand long payment terms. We offer SMEs invoice discounting, which means that investors purchase the invoice for a small discount. The SME can then put the cash back to work servicing new customers. On the due date, the company that purchased the goods or services, makes a payment to escrow account opened by Lend Partnerz in the full amount of the invoice. The discount covers investors' return and our fee. Without invoice discounting SME would have to wait 30 to 60 days for payment and would have to turn down new customers while waiting for payment.