Tata Capital joins hands with Biz2Credit to reach Indian SMEs

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.

Tata Capital will use 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 Crores and Biz2Credit has provided more than $1.3 billion in finance to thousands of small and mid-sized companies.

Image credit: Indiatimes