Loan Frame covered by Outlook Business as one of the leading businesses in SME lending
For Shailesh Jacob, co-founder of the Gurgaon-based Loan Frame, starting a lending marketplace for SMEs was more than a big opportunity — it was also about contributing to the overall economy. According to the Ministry of MSMEs, the sector contributes around 38% to the GDP and provides the largest share of employment, after agriculture. “In India you have over 50 million SMEs and credit penetration is less than 10%,” Jacob points out. In August 2015, he launched Loan Frame partnering with around 20 lenders.
Loan Frame covered by FinTechAsia
Founded in August 2015, Loan Frame is a fintech SME lending marketplace focused on solving the financing problem for millions of small and medium enterprises (SMEs) in India. Loan Frame enables SME lending through partner lenders, by providing them the technology to efficiently originate and assess small business borrowers.
Founding Team:
- Shailesh Jacob, Founder and CEO
- Rishi Arya, Co-Founder and CFO
- Akshun Gulati, Co-Founder and Head Corporate Development
Start date: January 2016 | Location: Gurgaon | Fund Raised since starting up: $2.25 million | Employees: 30+
Why Fintech Startups Are Wooing India’s Small Businesses | Forbes
For the past 50 years, small and medium-sized enterprises (SMEs) and micro, small and medium enterprises (MSMEs) have powered India’s economy, especially in rural and semi-urban areas. But they often fail to get adequate financial support from government agencies, banks and financial institutions, according to the SME Chamber of India.
India’s booming fintech market could be their savior.
Continue reading “Why Fintech Startups Are Wooing India’s Small Businesses | Forbes”
Committed to Empower SMEs Loan Frame : The NewGen Digital Lending Platform | SMEWORLD
Loan Frame is a silicon-valley style Fintech company focused on small and medium enterprises (SMEs) lending in the Indian subcontinent by building India’s largest technology enabled SME lending marketplace. Loan Frame is providing a technology solution to one of India’s long standing economic problems: availability of credit to Indian SME’s.
Loan Frame aims to provide the right credit in an easy and friendly manner to SMEs. Customers will benefit from the right product from the right lender where they can get the maximum loan amounts at the lowest rate in the most efficient manner. Besides, it aims to provide an efficient lending experience for borrowers and make them easily accessible to lenders.
Tech platform aids SMEs access loans | Telangana Today
Though the demand for loans from the SME is robust, most SMEs have a problem in accessing loans at relatively lower interest rates.
However, use of technology can bridge the gap between the credit demand and the lenders and benefit the SMEs, according to Shailesh Jacob, chief executive officer and founder of Loan Frame, a marketplace that brings lenders and borrowers together through mobile site and an application.
Continue reading “Tech platform aids SMEs access loans | Telangana Today”
Interview of Shailesh Jacob, CEO & Founder with BW Disrupt
https://www.youtube.com/watch?v=n3XzFUtUIdU
In an interaction with Sujata Sangwan of BW Disrupt, Shailesh Jacob, CEO & Founder, Loan Frame, shared his startup’s journey including idea generation, description, traction details and future goals. Loan Frame is a silicon-valley style Fintech company focused on small and medium enterprise (SME) lending in the Indian subcontinent by building India’s largest technology enabled SME lending marketplace. Loan Frame is providing a technology solution to one of India’s long standing economic problems: availability of credit to Indian SME’s.
Continue reading “Interview of Shailesh Jacob, CEO & Founder with BW Disrupt”
Meet the ‘Rising Star’ at BTVi (Bloomberg TV)
https://www.youtube.com/watch?v=D0-XuoEMpEk
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 provides a hassle-free financing experience for SMEs | StartUp Terminal
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.
Loan frame: Oiling the money for MSME sector | New Indian Express
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”