Tapping Into The Lending Space

Imagine a situation – a close family member has suddenly taken ill and needs to be hospitalised. You do the needful and then realise you lack enough fund as cash deposit for immediate hospitalisation. What if you are unable to manage a lump sum during such a crucial time? Naina Mathur, 27, a banking professional, experienced a similar situation when her mother had to be hospitalised urgently at midnight and the deposit amount that they charged was unmanageable for her at that point. In such circumstances, Finway, a digital lending platform, can come to the rescue. Founded in 2017, New Delhi-based Non-Banking Financial Company (NBFC), Finway Capital, offers loans to millions, that too with a minimum turn-around time. Individuals both salaried and self-employed can choose to borrow any amount ranging from Rs. 50,000 to 2 crore with a repayment tenure of 12 to 120 months, with an...