The co-lending Model (CLM) of credit is not new to the Indian finance sector. Due to the proliferation of fintech resources and capabilities, the CLM has gained a lot of significance and has emerged as a viable solution to liquidity and access to credit issues. Efficient co-lending Loan Management Systems (LMS) can leverage the inherent […]
Can Banks Become a Part of the B2B BNPL Market?
The Micro, Small, and Medium Enterprises (MSME) sector requires small- to medium-scale credit with quick approval times and reasonable interest rates. It is generally difficult for these companies to provide collateral to procure loans. No wonder the business-to-business (B2B) buy now, pay later (BNPL) scheme has become a major boon for these companies. This scheme […]
Why Digital Lending Needs Factoring and Invoice Financing
It is common for companies to offer credit terms to their customers to increase sales and build customer relations. As a result, the company cannot access their money until the customers pay all the invoices. This leads to cash flow problems for the company, making it difficult to manage day-to-day operations and invest in the […]
How Do Virtual Credit Cards Act as Fuel to New Digital Business Models?
Credit cards frequently get a bad reputation due to the possibility of loss or misuse. With the rise in online payments and growing security concerns, virtual credit cards are ushering in a new way of making payments. Are you tired of sharing physical card information with recurring vendors? Do you want to mitigate the risk […]
Can the Rise of Supply Chain Financing Also Raise Rural India’s Economy?
In the early days of India’s independence, the focus was on rural development. The country’s first Prime Minister, Jawaharlal Nehru, envisioned a future for India in which its vast rural population would be lifted out of poverty and given access to modern amenities and opportunities. However, in recent years there has been a shift from […]
Invoice Financing: A Funding Option for MSMEs
As our economy became the fifth largest in the world, the Micro, Small, and Medium Enterprises (MSME) sector contributed about 29% of our GDP and nearly 50% of the total exports. The availability of funds is the most important challenge they face. Traditional financing methods like term loans, cash credits, and overdrafts are often inadequate […]