Fintechs specializing in micro-financing are gaining the trust of Indian SMEs and MSMEs. Small and medium businesses have thrived in India for decades, specifically empowering smaller towns and cities.
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Tag: Shailesh Jacob
Tech platform aids SMEs access loans
Hyderabad: Though the demand for loans from the SME is robust, most SMEs have a problem in accessing loans at relatively lower interest rates. However, use of technology can bridge the gap between the credit demand and the lenders and benefit the SMEs, according to Shailesh Jacob, chief executive…
Demonetisation: Uncertainty means MSMEs funding scenario hugely negative
As the shock of the demonetisation move wears off, businesses are now bracing themselves for the coming two-quarters that are forecast to see lower demand. Many business models that depended on the flow of hard cash may just have been rendered permanently unviable from a lender’s perspectiv…
LoanFrame: Solving the financing problem for Indian SMEs
Loan Frame was launched in mid-2016 with the objective of redefining the experience of borrowing by SMEs in India. The Company is India’s first lending marketplace fully dedicated to SMEs. Loan Frame caters to the varied loan requirements of SMEs up to Rs. 50 crores. The company differentiates fr…