Credit for businesses banks cannot score
A small business that has taken payments for a year has a detailed financial record. It is just not the record a traditional lender asks for. No audited accounts, no property to pledge, often no credit file at all.
What it does have is settlement history: how much comes in, how regularly, from how many customers, and whether that is growing.
That is what the credit model reads.
How scoring works
The model looks at payment history already flowing through the platform: turnover and its trend, how concentrated revenue is among a few customers, seasonality, refund and chargeback rates, and how long the business has been transacting.
Because the data is already there, an application does not start with a document request. A merchant who has been taking payments for long enough can be assessed on what the platform already knows.
What is offered
Working capital. Sized against recent turnover rather than a fixed ladder, so the offer moves as the business does.
Repayment from settlement. A share of each day's settlement, so repayment follows trade. A slow week costs less than a busy one.
No property collateral. The payment history is the underwriting.
What it does not do
This is not a current account overdraft, and it is not a personal loan to the owner. It is business credit, assessed on business performance.
Approval is never automatic. Offers depend on the market, the licence under which credit is provided there, and the business's own record.
Availability
Lending is live in Vietnam and follows the licensing path in each new market. Credit is provided under the appropriate local licence, which in some markets means a partner institution rather than the group itself.