WHY WE CREATED
CREDBAL?

Nowadays, people mindset towards Repayment of money on their credit purchase have been drastically Changed. It is the need of the hour, for an open platform to disclose the credibility of the each person before making a credit transaction with them , which in turn will direct us towards “Bad debts less economy”.

100% SAFE AND SECURED

Your Information are Guarded Securely.

Data Security and privacy are our highest priority.

We have integrated multiple layers of security measures to safeguard your data completely.



Listen to the users of CREDBAL

mblue

I was among the first users of CREDBAL. Initially it was challenging for me, to make many customers accept my bills through credbal. But now all my outstanding dues are getting collected on time.

  • Mr.Ilango , Director of Mblue

Arpitha Gogia

The concept of CREDBAL SCORE similar to that of CIBIL SCORE is great. Now my friends and colleagues in our institutes who gets money from me as a hand loan return the money to me on time. Also I am repaying them on time, when I get some money from them. Thanks to CREDBAL, to make it happen.

  • Arpitha Gogia

colour tech

50% of my time which I spend in collection of money from my credit customers is being saved. I am using the saved time to develop my business at various verticals.

  • Mr.Vivek, Partner of colour tech

Macro Chemicals

Great solution for one of the biggest problem, that business people are facing today. Hats off to the team of CREDBAL for the new idea

  • Mr.Raja, Macro Chemicals

Profads

Wonderful Idea . Hope you guys expand this wonderful service all over the world.

  • Mr. Harish , Partner of Profads

Global Sourcing Industry

The Credbal was a kind of great asset to my business during my collections from debtors and continue to be a key point in my collections . Credbal is the main reason that we collect our money on time. Lots of love to their idea and Team.

  • Mrs. Vaishali , M/s. Global Sourcing Industry

You’ve Clothing

One of the Most important website and App to be used by all the businessmen providing credit to their customers.

  • Mr. Annamalai , Proprietor of You’ve Clothing

Blogs and News

While blogging on many topics can be profitable, personal finance blogs can be a goldmine.

Post Image

Modelling trust Evolution In Business

Most Business Transactions are Carried out based on a  predetermined periodical credit system (i.,e.,60 days or 90 days ) and many getting Secured and Unsecured Loans from others without any collateral, by word of mouth.This leads to non payment of  credit purchase, loans etc.

There was a time, where banks were struggling with the same problem, which in turn, lead to the formation of ?CIBILSCORE? System where banks started using CIBIL Score and saved themselves from inadequate persons; which straight away laid path for more collections of old bad debts and prevention of new bad debts to certain level.

So, It is the need of the hour, that an open platform to disclose the credibility of the business entities /individuals, to create caution in the minds of the people about their credit customer, before making a credit transaction with them.  All of the above needs, combined, lead to the development and constitution of an new age platform ?CREDBAL?, which will direct us towards ?Bad debts less economy?.

Post Image

Peeking into Credit Economy

ARISE OF CREDBAL

  • To Serve the Credit Information required by Businesses
  • CREDBAL  helps the business people to access the credibility and Repayment Nature of their "Credit Customers" through the 'CREDBAL SCORE'.
  • Its main purpose is to lead the Businesses towards ?Bad Debts less Economy.?
  • Helps Entrepreneurs to Monitors & Maintain the Credit Health of  Business

ACTIONS OF CREDBAL

To disclose the credibility of the business entities /individuals, to create caution in the minds of the people about their credit customer, before making a credit transaction with them. Thereby which lead to the development and constitution of an new age platform "CREDBAL", which will direct us towards ?Bad debts less economy?.

From the Collected Information, CREDBAL assigns a score to each registered person?s, So as to identify the credibility and trust worthiness based on their repayment nature of credit purchase and loans (other than Banks loans).

Post Image

CREDBAL ? A godsent to credit economy

GAINS TO SELLERS:

Before supplying the goods /services know about the buyers.

  1. Financial stability
  2. Repayment Nature
  3. Payment default by the concerned buyer

GAINS TO BUYERS :

  • Buyers with prompt repayment history, may able to demand more credit for greater expansion of  business.
  • As their credit purchasing capability increases , their cost of purchase would be  reducing compared to that of competitors.

OTHER GAINS :

  • Even during the time of wedding, bride /groom may come to know  about others financial stability.
  • CREDBAL PLATFORM Can be also used during purchase of immovable/ movable properties like land and car, etc., if it to be were on credit.