ShopX launches credit services for small retailers

ShopX launches ShopX Suvidha in collaboration with Pune-based digital lending company LoanTap Financial Technologies, offering quick loans to businesses ranging from INR 25K to 5 Lakh.

With this, retailers will now have easy access to credit, along with flexible and one-tap repayment options. At the same time, the company’s data platform helps in assessing the risks, creditworthiness and market valuation of these retailers affiliated to the ShopX network.

Through this partnership, LoanTap plans to bring a seamless experience for retailers so that they are able to avail loans quickly at friendly and flexible terms.

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