Lendingkart Finance, is a non-deposit taking NBFC, providing MSME lending in India. The Company aims to transform small business lending by making it convenient for MSMEs to access credit easily. The Company uses technology and analytics tools, analyzing thousands of data points from various data sources to assess the creditworthiness of small businesses rapidly and accurately.
Lendingkart Finance, unlike banks and other NBFCs, do not focus on vendor’s old records (Past Financial Statements & Income Tax returns) to evaluate the credit risk profile of a potential client. The NBFC focuses on the client’s current year’s cash flows and business growth. The objective is to make capital funds available at finger tips so that entrepreneurs can focus on business instead of worrying about gaps in their cash-flows.
Lendingkart Finance Limited (Lendingkart) provides working capital finance to underserved entrepreneurs and small businesses in India. Lendingkart Technologies Private Limited is a fin-tech startup in the working capital space. The Company has developed technology tools based on big data analysis which facilitates lenders to evaluate borrower’s creditworthiness and provides other related services.