Collections efficiency > Ability to lend We have come across various lending #fintech startups and amongst the first questions we always ask is on the collections process. A robust collections process ensures better recovery thus allowing to lend even in the toughest of market conditions. Legal cost/collection payouts can be managed better and lenders need not throw good money after bad. Managing NPAs while expanding books is the true north star of any lending business. If you are building a tech enabled lending business with a robust collections system in place – we are waiting to hear from you. Team Chanakya | Gautam Kapur Puneet Malik #venturecapital #earlystage
Really exciting times ahead for the lending space!
OOBT PERSON
4moIsme toh bank maar khate hah, lend toh kar deta par collect karte samaye band baaj jaata hah.