Godrej Capital, the financial services arm of the Godrej Group, announced the launch of unsecured business loans tailored specifically for micro, small and medium-sized enterprises (MSMEs). Recognizing the pertinent challenges faced by these businesses. It aims to provide accessible financing options that address their unique needs of cash flow management by offering innovative and flexible repayment options.
Benefits of the loan, include a fully digitized process, quick sanction and disbursal, longer tenure of up to 60 months, and an industry-first reward program on timely repayments.
Godrej Capital is addressing the issues of MSME’s by providing flexible lending solutions that allow MSMEs to repay their loans in sync with their business cycles.
Godrej Capital will be offering business loans across Mumbai, Bangalore, Delhi-NCR, Pune, Ahmedabad, Surat, Indore, Chennai, Hyderabad, Jaipur, Chandigarh, Alwar, Aurangabad, Baroda, Coimbatore, etc.
Also, Godrej Capital recently launched a new digital platform, Nirmaan, to provide MSME owners with an all-inclusive opportunity to grow their businesses. The company has initially partnered with Amazon Global Selling, Onsurity, Zolvit, and MSMEx to help increase the potential market reach, simplify legal and compliance, enhance employee health and welfare, and provide business coaching for small businesses.
“We understand the challenges MSMEs face and their critical role in driving economic growth and are happy to expand our product offerings through unsecured business loans. We have expanded our geographic presence and now offer business loans in 31 key markets. We are committed to becoming a lender of choice for MSMEs by developing innovative, flexible products that complement the cashflows of a business owner,” said Manish Shah, Chief Executive Officer of Godrej Capital.