Biz2Credit, Tata Capital to partner

Online small business funding marketplace Biz2Credit and Tata Capital have united to offer enhanced lending options to India’s entrepreneurs.

In addition to loans, Tata Capital now has access to Biz2Credit’s data and risk analytics to further help match borrowers to appropriate products.

“Our resolve is to deliver financial solutions that are right for all our stakeholders – specifically our customers and the society at large,” Tata Capital COO for Retail Business and Housing Finance Govind Sankarnarayanan said. “The lack of organized credit to small business owners is a gap in the Indian financial market today and an inhibiting factor for growth of entrepreneurship in India.”

“Digital is a strong focus area for Tata Capital across both retail and business loans,” Tata Capital COO for Digital Business Veetika Deoras added. ” Through our alliance with Biz2Credit, we aim to provide capital for expanding and growing businesses in India, in a fast and efficient manner.

“Our endeavor is to offer credit decisioning online and within the shortest turnaround time disburse the amount to the borrowers.”