Through this partnership, self-employed professionals and small business enterprises will now be able to access loans offered by Lendingkart Finance on the CIBIL MarketPlace platform.
TransUnion CIBIL maintains one of the largest collections of consumer credit information along with creating information solutions that enable businesses to grow and give consumers faster, cheaper access to credit and other services.
With lakhs of MSMEs engaging with TransUnion CIBIL to understand their CIBIL score and report, the association with Lendingkart Finance will enable seamless and easy credit access for this underserved sector.
“Our association with CIBIL MarketPlace is a step in the right direction. For years they have been helping businesses manage risk and devise appropriate lending and/or borrowing strategies, thereby creating trust and value for the lending ecosystem,” said CEO and co-founder, Lendingkart Technologies, Harshvardhan Lunia.
Source: Outlook India