Financial technology (FinTech) has disrupted traditional lending and made loans more accessible to the underserved and underbanked segments. The rise of FinTech lenders has proved to be a blessing for SMEs as the loan process takes place in a digital manner. This means financing is seamless as the paperwork involved is minimal or even zero.
https://ibsintelligence.com/ibsi-news/4-fintech-platforms-redefining-digital-lending-for-smes-in-india/