Indian financial services provider BillMart Fintech and financial guarantees firm Eqaro Guarantees (EQARO) have entered a strategic partnership to provide guarantee solutions that are designed to strengthen trust between lenders and businesses in the Indian trade finance ecosystem.
Under the partnership, Eqaro’s guarantee products will be integrated into BillMart’s FinTech platform, to help minimise risks and provide secured financing options to businesses.
BillMart FinTech MD and CEO Ashok Mittal said: “This partnership is a game-changer for businesses seeking secure financing options. Guarantees reduce risk and build trust, giving lenders the confidence to extend credit more freely.
“At BillMart, we’re committed to empowering businesses with financial solutions that drive growth, and our alliance with EQARO is a step in that direction.
“Our goal is to simplify access to credit for businesses and reduce barriers to growth. This collaboration strengthens BillMart’s role as a trusted partner for businesses seeking innovative financial solutions.”
According to the ANI report, the Indian trade finance and alternative lending market is growing rapidly, with businesses demanding reliable and secure financing options.
BillMart is a digital lending platform driven by an experienced leadership team.
Building on its fully digital, secure, and simplified process, the company provides businesses across India with quick and easy access to essential trade finance and liquidity solutions.
The integration of BillMart’s technological infrastructure and EQARO’s credit risk expertise will address key financial challenges and build trust in the lending ecosystem.
Eqaro CEO Vikash Khandelwal said: “We’re excited to partner with BillMart, whose technology-driven approach perfectly complements EQARO’s expertise in credit risk management.
“Together, we aim to redefine financial security for businesses, offering them the stability and confidence they need to thrive in today’s competitive environment.”
