Only 10% of SME businesses have access to capital from organized lenders, SMEs need a combination of low-cost capital of traditional lenders with the low cost of acquisition of marketplaces that aggregate SMEs.
The Perfios LSP Bridge platform enables lenders (Bank & NBFC) to participate as a lending partner with any marketplace/Fintech/Vertical aggregators both online and offline. It integrates with discrete systems of banks such as LOS, LMS, BRE, Payments, Collections creating a complete loan journey and providing a set of simple REST API for the marketplace to integrate with.
Once enabled, the LSP Bridge drives quicker GTM for both online and offline and can be extended to any marketplace, enables multiple merchant integrations and payment gateways. A single platform powers multiple lending programs for both SME & Retail such as Working Capital Loan, Supply Chain Financing, Invoice discounting, Personal Loan, Vehicle Loan, Debit Card EMI, Co-branded cards, etc.