India ExpressMay 4, 2022FISME plans collateral-free MSME lending platformAimed at fulfilling the need for urgent funds, a digital lending platform is being created to provide access to collateral-free capital up to Rs25 lakh to micro, small and medium enterprises (MSMEs).The platform is being set up by the Federation of Indian Micro and Small & Medium Enterprises (FISME) and Eqaro Surety Pvt Ltd, a provider of financial guarantees.A memorandum of understanding in this regard was signed by Prashant Patel, president of FISME, and Vikash Khandelwal, CEO of Eqaro, in Delhi recently.Read more at The Indian Express
Aimed at fulfilling the need for urgent funds, a digital lending platform is being created to provide access to collateral-free capital up to Rs25 lakh to micro, small and medium enterprises (MSMEs).The platform is being set up by the Federation of Indian Micro and Small & Medium Enterprises (FISME) and Eqaro Surety Pvt Ltd, a provider of financial guarantees.A memorandum of understanding in this regard was signed by Prashant Patel, president of FISME, and Vikash Khandelwal, CEO of Eqaro, in Delhi recently.Read more at The Indian Express