NeoGrowth Credit is a Non-Deposit taking NBFC and a pioneer in MSME lending based on the underwriting of digital payments data.
Adding a major achievement to its list, NeoGrowth, India’s leading NBFC lending to the under-served MSMEs, has received the ISO 9001:2015 certification from The International Organization for Standardization (ISO). The company is amongst the first few players in the SME lending space to receive this certification for quality assurance in its processes.
ISO 9001 is the approved Quality Management System (QMS) implemented across India. It validates the fact that every process that is active or under development within a certified organization will have a corresponding and specific control measure to produce a final product or service that is in accordance with the quality expectations of the end user. The certification further reaffirms NeoGrowth’ssingle-minded commitment to operate in a compliant, effective and efficient way through a framework validated by a globally accepted common standard.
Speaking on the grant of the certification, Piyush Khaitan, MD & Founder, NeoGrowth, said, “At NeoGrowth, we are committed towards continual improvement to give our customers easy access to credit, and being certified as an ISO 9001:2015 organization further cements this fact. We have continuously evolved our processes since our inception in 2013 to enable MSME companies get access to funds in the easiest, compliant and most hassle-free manner.
Our platform makes use of the latest in technology to create modern lending and repayment tools, which facilitate a seamless process from start to finish, unlike traditional options of financial accessibility. We are confident that the recent certification will further enhance our clients trust in NeoGrowth’s operations and help us shape the country’s entrepreneurial and socio-economic landscape better.”
NeoGrowth has already partnered with over 13000+ business merchants and aims to aggressively expand across India. The enterprise has helped boost business activity, revenue generation and employment opportunities, especially in India’s MSME segment. Its operations are spread across cities such as Mumbai, Bengaluru, Delhi, Chennai, Coimbatore, Pune, Kolkata, Hyderabad, Jaipur, Chandigarh, Ahmedabad, Lucknow, Ludhiana, Surat, Mysore, Madurai, Nagpur, Indore, Vadodara, Vijayawada & Vizag. The company has seen a wide-scale acceptance from early-stage and mature businesses across India, facilitating credit accessibility during a phase when securing credit from the right sources is a struggle.