SMECorner.com

SMECorner.com

Online platform that enables small and medium enterprises to access loans from banks and NBFCs.

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DateInvestorsAmountRound
N/A

€0.0

round
investor

€0.0

round
investor

€0.0

round
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$30.0m

Series B
Total Funding000k
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SMEcorner is a financial technology company that specializes in providing small business loans to entrepreneurs in India. The company operates an online platform that simplifies the loan application process, making it easier for small business owners to access the funds they need to grow their businesses. SMEcorner serves clients who have been in business for at least three years, have filed Income Tax Returns (ITR), possess a good CIBIL score, and have a turnover of at least 25 lakhs. The company primarily targets small and medium-sized enterprises (SMEs) that require quick and hassle-free financial solutions.

SMEcorner's business model revolves around offering unsecured business loans up to Rs. 10 lakhs, with an instant decision on loan eligibility and disbursal within three working days. The platform is user-friendly, allowing applicants to navigate easily and understand their eligibility instantly. SMEcorner makes money by charging interest on the loans provided and possibly through partnerships with banks and financial institutions.

The company differentiates itself by offering a completely online application process, minimal paperwork, and quick loan disbursal, which sets it apart from traditional banks. This approach not only saves time but also provides a seamless experience for the borrowers.

Keywords: small business loans, fintech, unsecured loans, quick disbursal, online platform, SMEs, India, instant eligibility, minimal paperwork, financial solutions.

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