FinanSME is a Power2SME brand and aims at providing an online platform that helps provide finance to
SMEs for their various needs. India is riding on a new wave of economic development where MSMEs have
taken centre stage and they wield enormous power in India’s economic empowerment. Contributing
significantly to the nation’s GDP, export and industrial production, SMEs in India have already
created employment opportunities for 106 million people. However, lack of a robust financial
infrastructure severely impacts the growth of the SME segment. This despite banks adopting a more
liberal outlook in lending to SMEs, there is still a significant financial gap.
There is a need for easing the operating environment for the micro, small and medium enterprises sector. Access to finance, redefining investment limits, encouraging technology adaptation and facilitative regulation could transform MSMEs into a hotbed of entrepreneurial activity. Today, access to Finance along with structured & lengthy documentation continues to be among the top challenges amongst others for SMEs as they struggle to meet their growth and operational requirements.
At FinanSME we believe there is a need for easing the operating environment for the micro, small and medium enterprises sector. And our mission is how we make SMEs bankable while providing them access to High-Quality raw materials at competitive prices.