Biz2X, a digital-lending SaaS platform having its presence in four nations, has partnered with TradeIndia, a leading B2B marketplace in the country, to provide financing solutions via its financial product Maadhyam to the MSMEs. This collaboration will enable TradeIndia to digitally offer finance to its B2B MSMEs, including loan servicing along with facilities like the line of credit, and invoice-based financing, while also digitally undertaking credit monitoring, collections management, and repayment of these financial products. Meanwhile, Trade India will witness improved turnaround time for underwriting, disbursement, and recovery and will profit from the SaaS platform, where API-based integrations can be seamlessly expanded.
