AskmePay launches AskmeFin
AskmePay, the payment initiative by AskMe group has rolled out AskmeFin, a programme to facilitate financing options to the SMEs.
By ET Bureau | Updated:
By Shramana.Ganguly
AHMEDABAD: AskmePay, the payment initiative by AskMe group has rolled out AskmeFin, a programme to facilitate financing options to the SMEs.
The group has tied up with Mahindra Finance, Bajaj Finserv, Capital Float, Religare, SMEBank.in and Mandii.com, and will offer loans ranging from Rs. 50,000 to Rs. 1 crore to its sellers, available for tenure ranging from 15 days to 6 months. The financing options will be in addition to its array of services that serve SMEs from AskMe, AskmeBazaar, AskmePay, AskmeFurniture and AskmeGrocery.
Kiran Murthi, CEO, AskmePay.com, said, "This campaign does away with the conventional paper-based process of lending and enables speedier working capital finance approval to our SME partners, based on digital information available for SMEs and their sales on our portals. The SMEs who are using AskmePay for their offline transactions will also be eligible to avail these financing options."
AHMEDABAD: AskmePay, the payment initiative by AskMe group has rolled out AskmeFin, a programme to facilitate financing options to the SMEs.
The group has tied up with Mahindra Finance, Bajaj Finserv, Capital Float, Religare, SMEBank.in and Mandii.com, and will offer loans ranging from Rs. 50,000 to Rs. 1 crore to its sellers, available for tenure ranging from 15 days to 6 months. The financing options will be in addition to its array of services that serve SMEs from AskMe, AskmeBazaar, AskmePay, AskmeFurniture and AskmeGrocery.
Kiran Murthi, CEO, AskmePay.com, said, "This campaign does away with the conventional paper-based process of lending and enables speedier working capital finance approval to our SME partners, based on digital information available for SMEs and their sales on our portals. The SMEs who are using AskmePay for their offline transactions will also be eligible to avail these financing options."
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