ENA MSME 2025-06-09 16:01:00 <p><span style="font-size:14px"><strong>New Delhi, Jun 9 (KNN)</strong> Poonawalla Fincorp has introduced Business Loan 24/7, marking what the company describes as an industry-first digital lending solution specifically designed for micro, small, and medium enterprises. </span></p> <p><span style="font-size:14px">The new product features a digital risk assessment model that provides instant loan approval with flexible repayment terms for MSME borrowers.</span></p> <p><span style="font-size:14px">The lending platform operates entirely through digital channels, utilising a Straight Through Processing model that eliminates traditional requirements for branch visits and physical documentation. </span></p> <p><span style="font-size:14px">The system is designed to offer a streamlined onboarding and approval process for business customers seeking credit facilities.</span></p> <p><span style="font-size:14px">According to the company, the solution incorporates advanced analytics and risk assessment frameworks to evaluate creditworthiness for self-employed individuals and MSME borrowers. </span></p> <p><span style="font-size:14px">The platform processes digitised information directly from source documents to conduct risk assessments that extend beyond conventional credit evaluation metrics, with the stated goal of facilitating responsible lending to enterprises positioned for growth.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42374 https://knnindia.co.in/news/newsdetails/msme/poonawalla-fincorp-launches-business-loan-247-for-msmes-with-instant-digital-approvals 2025-06-09 16:01:00 knnindia.co.in