Ujjivan Small Finance Bank (Ujjivan SFB) enters into a strategic partnership with Veefin Solutions, a leading Supply Chain Finance (SCF) solutions provider, to offer robust supply chain finance offerings, to meet the working capital needs for MSMEs. Through this partnership, Ujjivan SFB will leverage Veefin's platform that offers end-to-end solutions on supply chain financing. This includes supplier and vendor onboarding, credit underwriting through Loan Origination Solution (LOS), transaction management via Loan Management Solution (LMS), and collections handled through Delinquency Management solution.

These components will be further complemented by comprehensive analysis facilitated by Veefin?s Reporting & Business Intelligence solution. Recognizing the pivotal role of technology to address this Credit gap, the partnership with Veefin aligns with Ujjivan SFB?s objective of extending financial solutions to the MSMEs across the nation. This initiative will facilitate Ujjivan SFB to provide working capital loans to MSMEs via supply chain financing, effectively addressing the gaps left by traditional model.