Saleschat.pro’s Post

We A Ghosh Ashish Singh are meeting up with MSMEs, experts, associations, and government officials across Delhi, Noida and Gurugram who deals in secured & unsecured loans to understand the challenges MSMEs face, the POV of experts and other stakeholders, and awareness of schemes. MSMEs need financial and digital products per their needs, not standard tools and products forcing them to fit in. A long credit cycle is a reality and they want to work through WhatsApp and integrated applications like zoho, tally or others that can solve multiple issues in a single interface etc. So build around WhatsApp chat-like smoothness that can solve their problems as they want, not as what we have built. Writing, as quoted by MSMEs - "WhatsApp gives us a sense of ownership and clear visibility of who all are in the group and whom we can add and remove". Many are reluctant to trust new applications because; 1. They want to protect the rate they quote in the market, from their competitors, suppliers and buyers, especially in commodity products like fabric etc 2. They don't have trust in who will have access to their stock, quantity and business data A typical traditional business usually has generally 2 to 3 WhatsApp app groups, more as well depending on the product. We found this in a medium-sized business as well (near Rs. 250 Cr turnover), they operate only through Whats App, Excel, Word doc and Tally. One group is for the internal end-to-end order fulfilment, which has all the stakeholders required to complete an order including the accounts team, dispatch, sales et al, with clear instructions given to everyone, who will take what action at which step, and the second group for the market watch for rates, market conditions etc, third is for supplier and then a few more. Stay tune for our visits, interested MSME finance companies can share meeting interest in the comment box or reach 1-1

🌟 Introducing a Seamless Loan Application Experience with Trustpaisa 🌟 We at Trustpaisa are excited to share a glimpse of our simplified and user-friendly loan application process, designed to empower individuals with easy access to financial solutions. 📽️ Watch the video to see how applying for a loan has never been more convenient, fast, and transparent. With Trustpaisa, you can: ✅ Apply for unsecured loans in just a few steps ✅ Enjoy fast approvals and disbursals ✅ Benefit from personalized offers tailored to your needs Our mission is to make financial services accessible to everyone, and this is a step closer to fulfilling that vision. 💬 We’d love to hear your feedback—drop your thoughts in the comments or share this video with someone who might benefit from it! #Trustpaisa #DigitalLending #EasyLoans #FinancialInclusion #India

Currently, only 14% of the 63 million small businesses in India have access to credit or even a credit rating, resulting in a $530 billion credit gap. Banks need to focus more on small businesses following the Union Budget for FY25. Key announcements include: - A credit guarantee scheme for MSMEs to facilitate term loans without collateral or third-party guarantees. - Support for machinery purchases. - A new mechanism to ensure continued bank credit for MSMEs during periods of stress. This will require some innovative underwriting mechanism for credit assessment. Meanwhile Banks and NBFCs require various documents from small businesses, such as bank statements, stock reports, GST turnover reports, and photos of operations. Collecting these documents can be challenging, but using WhatsApp significantly improves the process. For instance, the turnaround time for document collection via WhatsApp is 90% better 👍 than email or site visits. Here are key insights on document collection via WhatsApp: - Business owners are often busy and may respond during early mornings or late evenings 👩💼 . - Account Aggregation is not fully integrated ❌ , with many banks lacking necessary integrations or providing incomplete bank statements. - Document collection typically takes 2-3 days in a staggered manner. Blurred images often require instant validation and resubmission. - Using a Green Tick ✅ Verified WhatsApp account builds higher trust, resulting in 2x more document collection 📈 . SalesChat.pro simplifies and secures document collections with proper governance and compliance mechanisms. #budget #MSME #Loans #WhatsApp #RBI

Letter of Credite Issuance only loan bazaar www.loanbazaaronline.com This product can be used as a tool as an advance to your seller. • Loan Upto: 100 Cr • Eligibility Limit : 50% of the Audited Turnover • ROI :- 10 - 12% • Loan Term : As per LC Term (Decided by Buyer and Seller mutually) 11 • Bank / Fintech PF : 1% (25% at the time of accepting Term sheet and balance 75% will deduct from loan amount) • Franking – As per State Govt Norms or 0.3% whichever is Higher. • Vintage: 3 Years Audited ITR • Loan TAT : 30 working day • Process : 100 % Digital • CIBIL =>700, Company CIBIL (CMR) <=4 • Security : 50% of the LC Limit • CMA DATA : Last 5 years ( please preapare with your CA, if anything correction in the data, CA have to cooperate ) • Legal Technical & 30 years Search cost: As per Bank norms #technology #digitalmarketing #finances #loanservices #loans #finance #business #loanbazaaronline #funding #fundingopportunities

𝐑𝐁𝐈’𝐬 𝐑𝐞𝐯𝐢𝐬𝐞𝐝 𝐆𝐮𝐢𝐝𝐞𝐥𝐢𝐧𝐞𝐬 𝐟𝐨𝐫 𝐏2𝐏 𝐋𝐞𝐧𝐝𝐢𝐧𝐠: 𝐀 𝐂𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧: The Reserve Bank of India (RBI) recently issued revised guidelines for Non-Banking Financial Company-Peer to Peer Lending Platforms (NBFC-P2P Lending Platforms), aiming to enhance transparency, compliance, and investor protection within the sector. While these guidelines are intended to foster a more robust and sustainable P2P lending ecosystem, they also raise certain concerns about their potential impact on the industry. 𝐊𝐞𝐲 𝐏𝐫𝐨𝐯𝐢𝐬𝐢𝐨𝐧𝐬 𝐚𝐧𝐝 𝐈𝐦𝐩𝐚𝐜𝐭 The revised guidelines introduce several significant changes, including: 𝐏𝐫𝐨𝐡𝐢𝐛𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐏𝐫𝐨𝐝𝐮𝐜𝐭 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬: P2P platforms cannot promote peer-to-peer lending as an investment product with guaranteed returns or liquidity options. 𝐑𝐞𝐬𝐭𝐫𝐢𝐜𝐭𝐢𝐨𝐧 𝐨𝐧 𝐂𝐫𝐨𝐬𝐬-𝐒𝐞𝐥𝐥𝐢𝐧𝐠 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐬: P2P platforms cannot cross-sell insurance products that serve as credit guarantees. 𝐌𝐚𝐧𝐝𝐚𝐭𝐨𝐫𝐲 𝐌𝐚𝐭𝐜𝐡𝐢𝐧𝐠 𝐨𝐟 𝐋𝐞𝐧𝐝𝐞𝐫𝐬 𝐚𝐧𝐝 𝐁𝐨𝐫𝐫𝐨𝐰𝐞𝐫𝐬: No loan can be disbursed unless lenders and borrowers have been matched. 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧 𝐌𝐞𝐚𝐬𝐮𝐫𝐞𝐬: P2P platforms must provide transparent disclosures about risks and ensure investor understanding. While these guidelines aim to protect investors and mitigate risks, they could also stifle innovation and growth in the P2P lending sector. The increased regulatory burden could lead to higher operational costs for P2P platforms, which could be passed on to borrowers in the form of higher fees or interest rates. 𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧 The RBI’s revised guidelines represent a significant step towards strengthening the regulatory framework for P2P lending. However, their impact on innovation, growth, and access to credit remains to be seen. It will be crucial to monitor their implementation and assess their effectiveness in achieving their stated objectives.

Letter of Credite Issuance only loan bazaar www.loanbazaaronline.com This product can be used as a tool as an advance to your seller. • Loan Upto: 100 Cr • Eligibility Limit : 50% of the Audited Turnover • ROI :- 10 - 12% • Loan Term : As per LC Term (Decided by Buyer and Seller mutually) 11 • Bank / Fintech PF : 1% (25% at the time of accepting Term sheet and balance 75% will deduct from loan amount) • Franking – As per State Govt Norms or 0.3% whichever is Higher. • Vintage: 3 Years Audited ITR • Loan TAT : 30 working day • Process : 100 % Digital • CIBIL =>700, Company CIBIL (CMR) <=4 • Security : 50% of the LC Limit • CMA DATA : Last 5 years ( please preapare with your CA, if anything correction in the data, CA have to cooperate ) • Legal Technical & 30 years Search cost: As per Bank norms #technology #digitalmarketing #finances #loanservices #loans #finance #business #loanbazaaronline #funding #fundingopportunities

What is a Non Banking Financial Company? NBFCs play a key role by simplifying financial operations and providing necessary banking services when traditional banks are unable to provide loans and advances. Obtaining NBFC registration in India is a procedure undertaken by the companies registered under the Companies Act, 2013 in accordance with the RBI Act, 1934. STEP BY STEP PROCESS FOR REGISTRATION OF NBFC 1. Register the Company under the Companies Act, 2013. The Responsible Authority for registering a company is the Ministry of Corporate Affairs. 2. The Minimum Net owned funds of the Company shold be Rs. 2 crore or more. 3. Obtain a Permanent Account Number (PAN) & Tax Deduction and Collection Account Number (TAN) 4. To open a Bank Account 5. There must be atleast 1 director in the company from the same background 6. There should be a good CIBIL score to register as NBFC 7. Further, To visit RBI’s official website and fil in the application form. 8. Submit all the required documents along with the application form, 9. Once the application form is submitted, a CARN number will be generated. 10. The hard copy should be sent to the regional branch of RBI. 11. After the application is checked and verified, the License will be given to the company.

Letter of Credite Issuance only loan bazaar www.loanbazaaronline.com This product can be used as a tool as an advance to your seller. • Loan Upto: 100 Cr • Eligibility Limit : 50% of the Audited Turnover • ROI :- 10 - 12% • Loan Term : As per LC Term (Decided by Buyer and Seller mutually) 11 • Bank / Fintech PF : 1% (25% at the time of accepting Term sheet and balance 75% will deduct from loan amount) • Franking – As per State Govt Norms or 0.3% whichever is Higher. • Vintage: 3 Years Audited ITR • Loan TAT : 30 working day • Process : 100 % Digital • CIBIL =>700, Company CIBIL (CMR) <=4 • Security : 50% of the LC Limit • CMA DATA : Last 5 years ( please preapare with your CA, if anything correction in the data, CA have to cooperate ) • Legal Technical & 30 years Search cost: As per Bank norms #technology #digitalmarketing #finances #loanservices #loans #finance #business #loanbazaaronline #funding #fundingopportunities

Q1 - Concall updates for Suryoday Small Finance Bank Ltd Borrowings comomprise 18.4% of total liabilities, primarily sourced from long-term and non-callable refinancing institutions. 701 branches, with a focus on expanding liability and asset-focused branches. Aiming for 30%-35% growth in advances, with a focus on inclusive finance and Vikas loans. Targeting 40%-45% growth in deposits. Cost fo fund currently at 7.6%, expected to rise to around 7.90% due to maturing SLTRO tranche. Experienced a decline in collection efficiency due to seasonal factors, particularly in northern states and Tamil Nadu, but Bank is confident of normalization in Q2. Management is focusing on building a robust small finance bank platform, with aspirations for a universal banking license in the future, contingent on achieving a target asset size of ₹25,000 crores. Plans to add approximately 40-50 branches annually, focusing on both liability and inclusive finance branches. Management anticipates credit costs of 2%-3% annualized over 4-5 years, with a focus on mitigating risks through individual customer assessment.

Mukta Mittal Anjali Dharwal Telecom Regulatory Authority of India(TRAI) Ashwini Vaishnaw CreditQ - Ab CreditQ Hai, Defaulters Nahi Hi Mam, your company - CreditQ has been harassing our entity - Saanvi Industries on account of some default reported by one of our old suppliers - Shiv Shakti Global. That supplier has issued a no dues certificate to Saanvi Industries and also confirmed the same on email addressed to CreditQ, yet we are being harassed. Now we have been given to understand that there is some amount payable by that supplier - Shiv Shakti to CreditQ, however that has nothing to do with us. We were not a party to that arrangement. Request you to look into the same. Mam, you need to understand, we as a company had also thought of CreditQ as a good company and enrolled/ subscribed for it as we thought it will spoil their CIBIL score and will affect further loan from banks etc, however because of this harassment and backstabbing, we have de-subscribed from your portal as off now. This is not fair business practice and needs to be looked into on priority basis. There are many traders/ businessmen/ MSMEs who need services where defaulters can be reported like CIBIL, but not to be harassed. Until we DIDN'T have a no dues certificate, we didn't say a word and were tolerating the calls, but now that we have the no dues certificate and mail from the supplier to CreditQ confirming the same, we have a right - not to be called by anyone not even CreditQ. A prompt response will be highly appreciated.