SMEs (small and medium enterprises) in India have long faced challenges in accessing organised credit, impeding their growth, the company said.
Understanding this unmet need, PhonePe has designed a seamless end-to-end journey on the PhonePe for Business app, ensuring that loans are approved by lending partners in a matter of minutes.
https://www.cnbctv18.com/business/phonepe-launches-platform-for-merchant-lending-in-boost-for-sme-loans-17025861.htm