Bank of Maharashtra ties up with LoanTap Credit for co-lending to MSMEs

Avaana-backed digital fintech lender LoanTap Credit has entered into a co-lending arrangement with the Bank of Maharashtra for MSME loans. LoanTap offers personal, business and vehicle loans through a digital platform in a fast, seamless and hassle-free manner. The pandemic has severely hit the MSME sector, requiring customized financing solutions to help sustain companies in this transformed environment and retain their associated livelihoods.