Financial Express – “Unsecured loans: What MSMEs should do to get credit from banks, NBFCs without collateral”

Published on :   Mar / 24 / 2022

NeoGrowth has received coverage in Financial Express, online, in an industry story titled, “Unsecured loans: What MSMEs should do to get credit from banks, NBFCs without collateral”.

The story discusses how MSMEs can get a collateral free loan and how alternate data sources such as digital transactions data helps lenders gauge the financial health of the small business. In the article, our CEO, Mr. Arun Nayyar, opines that alternate data sources including UPI, RTGS, NEFT, and IMPS, and past credit history with on time repayment by the MSME is taken as a sign of being a responsible borrower by FinTech lenders.
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