Tata Capital ties-up with Biz2Credit to reach out to small businesses in India – Feedback

Tata Capital, the flagship financial services company of the $ 108 billion Tata Group today announced a partnership with Biz2Credit, a leading online resource for small business finance.

Through this tie-up, Tata Capital will utilize the acquisition channels on Biz2Credit’s small business lending marketplace in India, thereby making finance available to thousands of small and mid-sized companies in the country, said the statement. Tata Capital, currently has a total book size of over Rs 42,000 crore and Biz2Credit has provided more than $1.3 billion in finance to thousands of small and mid-sized companies. Tata Capital will gain access to a full range of Biz2Credit’s offerings including data and risk analytics through the patented BizAnalyzer Score to innovatively fund small businesses transactions.

http://economictimes.indiatimes.com/industry/banking/finance/finance/tata-capital-ties-up-with-biz2credit-to-reach-out-to-small-businesses-in-india/articleshow/51793747.cms

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