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Supply chain fintech BillMart partners with EQARO
27 Dec 2024, 09:58 PMBillMart will integrate EQARO’s guarantee products into its fintech platform to provide businesses with secured financing options.
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Supply chain financing platform BillMart Fintech has joined hands with a credit and financial risk guarantee firm Eqaro Guarantees.
Under this agreement, BillMart will integrate EQARO’s guarantee products into its fintech platform to provide businesses with secured financing options. EQARO will extend financial surety services, helping lenders minimize risks while ensuring that businesses can meet their obligations on time.
Ashok Mittal, MD and CEO, BillMart FinTech, said, "This partnership is a game-changer for businesses seeking secure financing options. Guarantees reduce risk and build trust, giving lenders the confidence to extend credit more freely."
The Indian trade finance and alternative lending market is evolving rapidly, with businesses demanding reliable and secure financing options. By combining BillMart’s technological infrastructure and EQARO’s credit risk expertise, this partnership will address key financial challenges, foster trust in the lending ecosystem, and support businesses in achieving their financial objectives, the companies said in a statement.
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