What the Project Is
This project is all about empowering SMEs and mid-caps through innovation in credit ratings. INBONIS Rating’s approach helps businesses secure growth financing at a price that truly reflects their reality. With a pioneering spirit in the software publishing and SaaS platforms industry and an impressive B Corp score of 85.6, it provides a solid framework for companies to win contracts, access credit insurance, and elevate both financial and sales management. With an emphasis on transparency and democratizing access to quality credit ratings, this service has become a vital tool for microenterprise, small business, and MSME growth across Europe, especially in Spain.
Main Benefits
The main benefits are compelling and supported by concrete figures:
- 55% of companies raise long-term financing within the first 6 months following their rating.
- An average sales growth of 16% is observed in the 2 years after their initial credit rating.
- Approximately 1,000 companies rated, which covers diverse revenue bands from €0m to €500m.
- Disruptive pricing ranging between €4,500 and €20,000 per annum for both rating issuance and 12-month monitoring.
- Average issuance period of just 10 days, with only 4 hours of dedication per rated company.
Innovative Credit Ratings for SMEs
Credit ratings usually seem like an exclusive game for large enterprises, but here, they’re tailored specifically for SMEs and mid-caps. The methodology — built using proprietary software (Refocal®) and an advanced risk model that integrates ESG factors — ensures that the unique business realities of smaller firms are reflected accurately. This innovative approach, which combines elements of fintech, data science, and traditional credit analysis, enables even microenterprises to showcase a robust credit quality.
Rating Process and Methodology
The process is straightforward and efficient… it starts with the submission of necessary information by the company, followed by an in-person or video call meeting with analysts. After the meeting, the rating is assigned and key explanatory factors are shared. Then comes the issuance of a detailed rating report and a period of one-year ongoing monitoring. If any significant development occurs, a timely update might follow. This dynamic and agile process ensures that the credit rating stays relevant and reflective of the company’s current standing, making it an invaluable asset for businesses looking to secure further financing and market opportunities.
Benefits of a Credit Rating
A robust credit rating is more than just a number or an alphabetically graded symbol; it’s a gateway opening up multiple opportunities, especially for SMEs and mid-caps. For instance, companies benefit from enhanced access to long-term public financing, can accelerate their foreign trade and internationalisation efforts, secure bank loans for strategic growth, attract both investments and alternative financing, and even win large customer contracts. In a competitive landscape where automated scoring systems often overlook the nuances of a smaller enterprise’s potential, these expert opinions provide a much-needed validation.
Project Impact on SDGs
- SDG 8: Decent Work and Economic Growth – By helping businesses secure financing and expand operations, the project supports sustainable economic growth.
- SDG 9: Industry, Innovation and Infrastructure – The development of proprietary methodology and risk models emphasizes innovative approaches in credit ratings.
- SDG 10: Reduced Inequality – Democratizing access to credit ratings allows small businesses and microenterprises to compete on a more equal footing with larger companies.
- SDG 17: Partnerships for the Goals – Through collaboration with financial institutions and industry partners, the initiative fosters strong partnerships that drive common economic goals.
The Future of Fintech and SMEs
The future looks promising with such developments in credit ratings for SMEs and mid-caps. The project blends traditional financial assessment with technological agility and data-driven insights, generating an ecosystem where even the smallest businesses can gain a competitive edge. This holistic system demonstrates that credit isn’t just about numbers; it’s about potential, growth, and giving every company the chance to shine. With fintech and data science at its core, the approach is dynamic, engaging, and reflective of a natural, conversational evolution in the way credit quality is assessed. Ready to get started? Ask for a quote and open the door to opportunities that fuel growth, internationalisation, and long-term success.
