Amid cash crunch, new-age lenders reach out to help early-stage start-ups

Lenders are looking at 'innovative' lending terms such as cash conversion cycle and revenue-linked repayment models to reduce their risks

At a time when the start-up segment in the country is undergoing liquidity crisis owing to business disruptions caused by the Covid-9 pandemic, new age digital lenders are attempting to help them with debt financing.
 

In order to make it hassle-free, various start-up support groups such as TiE (The Indus Entrepreneur) and India Angel Network (IAN) are partnering with the digital NBFCs to extend debt finance to their member companies. IAN for example, has tied up with digital lender Indifi Technologies to avail growth-debt capital to its portfolio start-ups. Similarly, SaaSBOOMi, another support community for around 700 Software as a