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