With co-lending, Our Clients will be having skin in the game.
Help cater to segments that are not currently available.
ANVEE FINSERV provides Co-lending product model which will be nothing but a private label product for our client’s platform. While we will bring technology, data and distribution for the co- lending. With co-lending, Our Clients will be having skin in the game. Co-lending will also help cater to segments that are not currently available.
The co-origination mechanism also gives the banking sector another avenue to meet their priority sector lending (PSL) requirements which include securitization (pass-through certificates and direct loan assignments), priority sector lending certificates (PSLCs), business correspondent or BC model, apart from direct lending.
In its aim to drive economic growth for India and ensure financial inclusion, the government has increased its focus on the development of the priority sector. This includes MSMEs, export credit houses, the agriculture sector, social infrastructure companies, the education sector and the renewable energy sector.
However, traditional banks and NBFC have neither the reach nor capacity to offer priority sector credit at the level that the government mandates. It is a challenge to perform credit evaluation and underwrite borrowers in this sector, due to their limited reach.