Friday, November 22

Tag: CASH SUVIDHA

Looking For a Loan For Your SME or Startup, Try Cash Suvidha
Story

Looking For a Loan For Your SME or Startup, Try Cash Suvidha

It would not be an exaggeration to state that the SME sector is one of the most critical contributors to the growth of the Indian economy. In spite of its large size, and the vital role it plays in the country’s economy, the Indian SME sector suffers on account of adequate financial access. Lack of awareness, poor access to banking services, outdated data models, etc, force small businesses to cope with an unhealthy financial environment. As a result, many small businesses either close shop or rely on very expensive and complicated financing, largely from the unorganized lending sector.   INCEPTION AND TEAM Started in April 2016 in Delhi, Cash Suvidha has onboarded over 3,500+ borrowers and Ticket size of loan is Rs 10,000/- to upto 3 Lakh. This online lending platform, was sta...