Akme Fintrade Scores Rs 100 Million Loan Boost From MAS Financial Services

Akme Fintrade India Ltd has announced the successful sanction of a term loan amounting to Rs 100 million from MAS Financial Services Limited. This funding milestone is set to enhance Akme Fintrade's lending capabilities, particularly targeting rural and semi-urban small business owners and vehicle loan customers.

 

Key Highlights Of The Loan Sanction

MAS Financial Services has approved a term loan of Rs 100 million to Akme Fintrade, evidencing investor confidence in the company’s growth prospects and business model.

 

The funding supports Akme’s focus on providing financial solutions to underserved MSMEs and vehicle financing needs across less penetrated rural and semi-urban geographies.

 

The partnership continues the successful co-lending model where MAS Financial Services and Akme share loan exposures, optimizing risk and operational efficiency.

 

Operational Impact And Strategic Significance

The sanctioned loan will further fuel Akme’s digital lending platform, enabling faster and automated loan processing, thus increasing financial inclusion.

 

This capital infusion strengthens Akme Fintrade’s balance sheet, supporting portfolio expansion and enhancing their presence in key target markets.

 

The collaboration aligns with RBI’s co-lending directives aimed at increasing credit flow to otherwise underserved sectors.

 

Commitment To Growth And Inclusion

Akme Fintrade’s leadership views this financial backing as a catalyst for delivering affordable credit to small entrepreneurs, contributing to economic empowerment and business growth in semi-urban and rural India. The company continues to prioritize transparent, technology-driven lending solutions, ensuring broader access to credit.

 

Source: National Stock Exchange disclosures, MAS Financial Services, Business Standard