Latest Articles in loan
Finding Capital: Where To Look If Banks Reject Your Small Business Loan Request
Non-banking lenders have re-emerged as a viable source of capital for small business owners, including women-owned businesses, as they typically tend to focus less on credit scores, and more on the financial health of the borrower looking for funding.
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Eko Aims To Onboard 1M Sellers And Disburse $1bn Worth Of Loans In Future
The fintech platform uses the ‘micro-credit approach’ in its services and designs them to fulfill the same. Its daily repayment infrastructure capability allows sellers to repay loans daily in part or full.
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MPokket Expects Rise In Loan Disbursements To Rs 2,000 Cr
'We disbursed Rs 1,200 crore in 2020-21 and expect to disburse more than Rs 2,000 crore in 2021-22,' said Jalan whose company is engaged in providing loans ranging from Rs 500 to Rs 20,000 through a lending app
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Prodigal Raises $12M To Give Lenders Actionable Insights
This new fund allows Prodigal to expand its suite of intelligent workflow and optimization products that enable clients to boost productivity, better serve customers, and drive the bottom line
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Edu loan fintech Credenc Gets USD 25 Mn Boost From Capital India
The investment in Credenc will be in the form of both equity and debt, Capital India said in a joint statement, without giving details on the break-up of the debt and equity part
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OYO Raises USD 660 Mn Term Loan Funding
The offer was oversubscribed by 1.7 times and the company received commitments of close to USD 1 billion from leading institutional investors, OYO said in a statement
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Paytm Grants Loan To Its Founder, Vijay Sharma
In lieu of the investment, the IPO bound One97 Communications will be issued optionally convertible debentures up to Rs 491.93 crore by VSS Holdings Pvt Ltd, as well as inter-corporate deposits (ICDs) worth Rs 250.79 crore.
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Asirvad Microfinance Raises USD 15 mn In ECB From WorldBusiness Capital Inc
Proceeds from the loan, availed under the external commercial borrowing (ECB) norms, will enable Asirvad to expand its business of providing small loans to low-income women business owners in rural areas.
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World Bank Approves $500 Million Loan To Improve Quality Of Education System
The World Bank on Sunday said its Board of Executive Directors had approved a $500 million (about Rs 3,700 crore) loan to improve quality and governance of school education in six Indian states.
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