Business Standard

Friday, December 27, 2024 | 03:51 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Credit Saison, Capital Float to provide digital financing to Indian SMEs

The two companies have jointly developed a unique co-origination model through which they will both contribute capital to deliver last-mile credit to MSMEs across the country

mergers
Premium

Photo: Shutterstock

Peerzada Abrar Bengaluru
Credit Saison, one of Japan’s largest financial institutions, has partnered with Capital Float, a fintech NBFC  (non-banking finance company), to deliver working capital financing to micro, small and medium enterprises (MSMEs) across India. The two companies have jointly developed a unique co-origination model through which they will both contribute capital to deliver last-mile credit to MSMEs across the country. The companies said the MSMEs will be able to apply for these loans online and receive approvals within the quickest turnaround time in the industry, powered by Capital Float’s technology and credit underwriting platform integrated with Credit Saison’s systems.

“Credit Saison

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in