Today in this economically globalized and overwhelming business world driven by digital & and technological force, finance is the backbone and propeller of growth. The startup and entrepreneurial landscape is taking on the world with remarkable demands from the demography. Hence, the fintech and SME Lending industry is growing abundantly. Majorly representing the greater part of general business in the finance market, SME lending plays a key role in the space providing the banks embark on new growth opportunities.

While retail and corporate banks have already come to terms with the power of digital, and SME lending is still reeling post-COVID, the market in India has made a substantial contribution to the country’s GDP. According to the BLinC Invest MSME Lending Report 2022, as financial institutions in India are only able to fulfill 15 percent of the total credit requirements of the sector, the future seems promising witnessing the demands. Moreover, the global lending market expected to grow from $7,070.08 billion in 2021 to $7,833.88 billion in 2022 at a CAGR of 10.8 percent has been accounted to touch $11,285.05 billion in 2026 at a CAGR of 9.6 percent. Owing to India SME lending sector opportunities there are many lending companies furthering this growth. In this current edition ’10 Most Promising SME Lending Companies – 2023’, we have curated a list of such recognized leaders in the industry to let the clients seek their services and products without the hassle of doing research on them.
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