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 […]
Why Is Supply Chain Financing in Demand Among SMBs and How to Leverage It?
SMBs may have found the perfect product-market fit but are restricted from capitalizing on the opportunity without access to timely funds. Small businesses can benefit from supply chain financing by getting access to instant financing and liquidity in this situation. Accounting standards cover the accounting by the supplier for advances it receives under this arrangement. […]
Why Are Businesses Still Unprepared to Handle Virtual Cards?
Credit cards have always been a risky means of payment. There is always the possibility of loss, theft or misuse. Enter the virtual credit card. It is a digital proxy card ID that can be used instead of your physical credit card. They are a number of ways to avoid divulging personal information and overspending. […]
How Buy Now Pay Later in B2B Transactions Is Unlocking SME Growth
In the business-to-business (B2B) world, it often seems like big companies have all the advantages. They have more resources, more customers, and more experience. But in recent years, a new trend has emerged, giving smaller businesses a chance to compete: buy now, pay later (BNPL) in B2B. From Amazon to Afterpay, this type of payment […]
Is B2B Buy Now Pay Later Really Changing the Game for SMEs?
Small and medium-sized enterprises (SMEs) have always struggled with the traditional banking system, and their lack of credit history and low credit scores have been tagged as high-risk borrowers. A report in June 2019 by the U K Sinha Committee involving the Reserve Bank of India (RBI) noted that the credit gap in the micro, […]
Invoice Factoring: Lending Firms’ New Border
Why do lending companies offer Invoice Factoring services? Learn about the benefits of this invoice factoring for businesses & lending companies here