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by on November 27, 2020
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Access to credit is one of the major challenges that continues to haunt the micro, small, medium, and large enterprises (MSMEs).
To solve this, the fintech platform Indifi Technologies has come up with a short-term credit solution designed to address the short-term credit needs of the MSMEs in partnership with PayU.
The early credit product is a short-term fund that small business owners can avail. It will be credited to their account every Friday based on the anticipation of the previous weekend sales, according to a statement by the company. PayU’s 4.5 lakh merchants can avail credit amount starting from Rs 25,000 up till Rs 50 lakh. Once credited, these merchants can ensure that all their weekend operations are managed without any hassle.
Read more at: https://yourstory.com/smbstory/indifi-technologies-payu-msmes-short-term-credit
Posted in: Business, Finance