Watch Shailesh Jacob, CEO, Loan Frame, talk about helping small businesses in India raise the right credit on BTVi’s special segment – ‘Rising Star’.
Continue reading “Meet the ‘Rising Star’ at BTVi (Bloomberg TV)”
Watch Shailesh Jacob, CEO, Loan Frame, talk about helping small businesses in India raise the right credit on BTVi’s special segment – ‘Rising Star’.
Continue reading “Meet the ‘Rising Star’ at BTVi (Bloomberg TV)”
Loan frame is India’s leading fintech marketplace for SME lending which makes obtaining credit for an SME a lot easier and efficient. The team has merged world class technology, processes of global financial institutions with deep Indian SME lending experience.
Finance is quite rightly called the ‘Lifeblood of Business’. Short-term or long-term; managing working capital or capital finance; completing an order or strategic business expansion…. nothing works without business finance. When this criticality is seen alongside the poor state of SME financing, it is no surprise that the SME economic growth engine is often found sputtering.
Continue reading “Access to Finance: The Biggest Hurdle for SME Growth | Entrepreneur”
It is small wonder that Micro, Small and Medium Enterprises (MSMEs) consist the backbone of Indian economy. Unfortunately, less than 10 per cent of Indian MSMEs are institutionally financed in a market with over 3.6 crore such enterprises.
Continue reading “Loan frame: Oiling the money for MSME sector | New Indian Express”
Two of India’s biggest economic problems faced by small and medium enterprises (SMEs) – one poor credit availability and second high cost of credit, can be solved through technology enabled SME lending marketplace, believes Shailesh Jacob the Founder and Chief Executive Officer (CEO) of Loan Frame.
Despite their importance to the Indian economy, MSMEs suffer institutional neglect with access to financing at a reasonable cost being one of the key pain points for small businesses. However, a combination of realisation of the importance of this segment, improved risk appetite, and innovations in the channels linking borrowers with lenders is slowly but surely changing things for the better.
Continue reading “How We Are Nurturing SME Growth Through Financing Solutions | IAMWIRE”
‘Digital India’ is much more than a political slogan. At its core, it is the belief that technology can help improve access to services for hitherto neglected segments of society and the economy.
One such segment is SMEs. Technology is already revolutionizing lending in India and it can bring a true disruption in SME lending, which is ripe for improvements. Measuring borrower risk accurately is something that lenders have always struggled with. This gets trickier with smaller businesses given that such these borrowers do not always have organised revenues and expense trails.
Continue reading “Leveraging Technology For Business Loans | CXOToday”
Loan frame is India’s leading fin-tech marketplace for SME lending which makes obtaining credit for an SME a lot easier and efficient. The team has merged world class technology, processes of global financial institutions with deep Indian SME lending experience.
Continue reading “Loan Frame: Leading India, making tomorrow | TechPhlie”
Traditional lenders are pulling back in the short term as they wait to see the impact of de-monetization on their current portfolio and grapple with uncertainties in SME business performance and collateral prices. In the medium- and long-term, capital availability and lending will increase significantly as lenders get better visibility on business performance and more business transactions are recorded digitally.
– Shailesh Jacob
Small and medium enterprise-focused online lending platform Loan Frame Technologies has raised a seed round of $2.25 million (about Rs 15 crore), the latest venture-backed transaction in the country’s web-based lending space.
The investors in the round include Parag Saxena, co-founder of Vedanta Capital, William Campbell, former chairman of Visa International and Toos Daruvala, co-chief executive of MIO Partners, an internal investment arm of global consultancy McKinsey and Co. Saxena is also the founding general partner of private equity firm New Silk Route.
Continue reading “Loan Frame raises Rs 15 crore in seed round | Economic Times”