Explorer

Lendingkart Finance, Sistema Business Scalerator tie-up to serve SMEs in South

New Delhi [India], Mar 29 (ANI): Lendingkart Finance on Thursday announced its partnership with Sistema Business Scalerator to serve SMEs in South India.

Sistema Business Scalerator will deploy its team in states of Tamil Nadu, Kerala, Karnataka, Telengana, Andhra Pradesh and Puducherry to help Lendingkart Finance source business and scale its operations in those states.

The on-ground team, which will be entirely managed end-to-end by Sistema Business Scalerator, will help the prospective customers to apply for loan through online platform of Lendingkart Technologies. They will assist the prospective customers to fulfill the documentation formalities and submit it to Lendingkart Finance for further process. Once Lendingkart Finance's evaluation process is completed, loan amount will be disbursed to the qualifying borrower within 72 hours from the time of application.

"Lendingkart Finance is fast gaining a reputation of being the go-to option for business loans across the country. With our exquisite sourcing model, we will be able to reach more prospective customers and take Lendingkart Finance's offerings even to smaller towns," said executive director, Sistema Business Scalerator, Suresh S Kumar.

"We are excited to partner with Sistema Business Scalerator to further deepen our reach in smaller markets. Through this association, we will be able to help many more SMEs in regions where access to finance is still a challenge," said CEO and co-founder, Lendingkart Technologies, Harshvardhan Lunia.

Since its inception, Lendingkart Finance (the NBFC arm of Lendingkart Group) has evaluated more than 100,000 applications, disbursed over 20,000 loans in more than 960 cities helping more than 13,000 SMEs across 23 diverse sectors. (ANI)


This story has not been edited. It has been published as provided by ANI

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

Odd-Even Scheme In Delhi? Here's What Gopal Rai Said On Imposing The Scheme Amid Alarming Pollution Levels
Odd-Even In Delhi? Here's What Gopal Rai Said On Imposing Scheme Amid Alarming Pollution Levels
Delhi To Suspend Physical Classes For Class 10 And 12 Amid Pollution, Teaching To Go Online
Delhi To Suspend Physical Classes For Class 10 And 12 Amid Pollution, Teaching To Go Online
'Glad To Have Met': Modi Meets Italian PM Meloni At G20 Summit; Shares Pics
'Glad To Have Met': Modi Meets Italian PM Meloni At G20 Summit; Shares Pics
PM Modi Meets UK's Keir Starmer, French President Macron, discusses working closely in space & energy sectors
PM Modi Meets UK's Keir Starmer, French President Macron, discusses working closely in space & energy sectors
Advertisement
ABP Premium

Videos

Will We Get To Watch Gangs Of Wasseypur 3? Find Out from Writer-Actor Zeishan Quadri | ABP LiveJharkhand Report: Will Raj Sinha Secure a Hat-Trick This Time? How Much Benefit Will BJP Gain in Kolhan?Jharkhand Report: 'We Won't Let BJP Divide on Hindu-Muslim Lines,' Why Muslims in Jharkhand are Angry with BJPJharkhand Report: Jharia Public to Support Ragini, Ragini Singh Shares Plan to Win the Election

Photo Gallery

Embed widget