India has about 4.8 crore MSMEs which consequently provides employment to over 10 crore people. However, they suffer from a lack of funding support despite the government’s various attempts at financial inclusion. In order to bridge this credit gap, Lendingkart offers quick, convenient financing…
Tag: Finova Capital
Finova Capital to expand in 4 new cities, disbursing loans to 1500+ MSMEs
New Delhi: The Indian MSME sector has been coming to mainstream attention, owing to the well-concerted efforts of the new age financial companies, NBFCs and FinTechs in India. Further spearheading the revolution for financial inclusion of the MSME Sector is Finova Capital, the NBFC licensed by th…
Finova Capital commits to disburse Rs 100 cr worth of loan to Indian MSMEs in 2017
Finova Capital, the NBFC licensed by Reserve Bank of India, is committed to making finance available for the Indian MSMEs. In a recent announcement, Finova Capital shared its target of disbursing loans worth Rs 100 Crore in 2017 to the Indian MSME sector. Within the past one year of its launch, t…
How MSMEs can access credit in semi urban & rural market without formal documentation?
Opinion piece by Mohit Sahney, Managing Director & CEO, Finova Capital, exclusively for SMEpost.com The prosperous startup landscape of India is a goofproof element in the development of the nation’s economy. As per a recent report released by the Government – ‘Economic Survey 2015-2016’, the…
Finova Capital organized loan camp for the MSME sector in Jaipur
Jaipur, March 1, 2017: Driven with the intention to relive the oftentimes snubbed or underserved MSME sector of the Indian economy, Finova Capital organized the loan camp for the same on 28th February 2017 in city. With the unmet finance gap of Rs 3 trillion arising from over 55 mn micro enterpri…