Creze is a fintech platform that streamlines the credit application process for businesses by utilizing an online system that provides pre-offers within minutes and disburses funds in 72 hours. The platform addresses the challenge of accessing business credit by offering loans up to $10 million with minimal documentation and no prior credit history required.
Funding
$5.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized businesses (SMBs) often face challenges in accessing timely and adequate funding due to lengthy application processes, stringent requirements, and the need for established credit histories. Traditional lenders can be slow and may not cater to businesses with limited documentation or those seeking quick capital injections.
Solution
Creze offers a fintech platform designed to streamline the business credit application process, providing SMBs with rapid access to capital. Through its online system, businesses can receive pre-offers within minutes and potentially secure funding in as little as 72 hours. Creze provides loans up to $3 million without requiring real estate collateral and up to $10 million with collateral, offering flexible terms tailored to the specific needs of the business. The platform aims to reduce the friction associated with traditional lending, offering a fully online experience with minimal documentation requirements.
Target Audience
Creze primarily targets small and medium-sized business owners (both personas físicas and morales registered with the SAT in Mexico) seeking accessible and rapid business loans to fuel growth or manage operational expenses.
Features
- Online application process providing pre-offers in minutes.
- Loan disbursement within 72 hours.
- Unsecured loans ranging from $50,000 to $3 million.
- Secured loans (with real estate collateral) up to $10 million.
- Flexible repayment terms up to 24 months for unsecured loans and up to 60 months for secured loans.
- No prior credit history required.
- Digital document submission.
- Automated assessment of creditworthiness based on uploaded financial data.