MSME loans up by 182% – CRIF High Mark
A total of 3,729 K crore in MSME loans have been approved as of March 2022, according to data by CRIF High Mark, a rise of nearly 5 percent...
KredX allocates Rs 1500 crores to power MSMEs ahead of festive season
KredX, India's one of the largest supply chain finance platform, recently announced its plans to disburse ₹1500 crores working capital, over and above the usual disbursement, to cater to...
Delayed payments hurt the MSME sector Rs 10.7 lakh crore every year– A Report
Global Alliance for Mass Entrepreneurship (GAME) in association with Dun & Bradstreet (D&B) India aided by Omidyar Network India on Tuesday submitted a complete report titled "Unlocking the full...
MSMEs credit demand jumps back to pre-covid levels
Credit demand by Micro, Small and Medium Enterprises (MSMEs) has bounced back to pre-Covid levels as per a report by NeoGrowth, an MSME focused fintech non-bank lender. The non-bank...
Improved cash-flow for over 13,000 MSMEs, says U GRO Capital
Listed NBFC and MSME lender, U GRO Capital said it has improved cash-flow and annual turnover for over 13,000 MSMEs as per its impact assessment report. The report was...
NBFC-Factor 121 Finance onboarded on all three TReDS platforms to support MSME payments
121 Finance, a digital NBFC-Factor has been onboarded on all three TReDS exchanges - M1xchange, RXIL and Invoicemart, it said in a statement. Trade Receivables Discounting System (TReDS) is...
KredX Enters Export Financing, aims to disburse $2 billion by FY23
Supply chain finance platform, Kredx on June 1 announced its expansion of its services into post-shipment export financing with KredX Global Trade. It aims to empower businesses and their...
Vyapar inks pact with FinBox to offer credit to over 900,000 MSMEs
Vyapar, an accounting app that allows merchants, to raise invoices, has partnered with FinBox, a Gurgaon and Bangalore-based FinTech. The partnership will enable Vyapar to offer credit to more...
Paisabazaar closes its largest Working Capital loan of Rs 4.5 Crore disbursed by Axis...
Paisabazaar is said to have closed its largest working capital loan of Rs 4.5 crore, it said in a statement. The working capital loan sourced through the Paisabazaar platform...
CredAble disburses $3 billion in disbursements in the last 12 months
CredAble, a working capital tech platform, announced that it had disbursed $3 billion to cash-strapped businesses, including large and mid-sized emerging corporations; large enterprise vendors and dealers; micro, small...
