The partnership will provide loans at affordable rates in the healthcare equipment space, across tier 2 cities and beyond
Clix Capital (Clix) has entered into an exclusive co-lending partnership, dedicated to healthcare financing, with Bank of Baroda (Bank).
Under the partnership, Clix and Bank of Baroda will provide loans at affordable rates in the healthcare equipment space, across tier 2 cities and beyond.
Speaking on the partnership with Bank of Baroda, Rakesh Kaul, CEO, Clix Capital said, “This association will open up the industry to an entirely new gamut of co-lending partnerships between banks & NBFCs. While MSME financing is a core area for Clix Capital as a lender, we are delighted to be taking it to another level with Bank of Baroda. We believe that this alliance will help us not just service MSMEs across India digitally, but also help in nation-building by supporting the development of healthcare infrastructure. With Bank of Baroda’s wide network & in-depth knowledge of the Indian market, and Clix’s deep understanding of the healthcare ecosystem & its strong underwriting capabilities, together, we can spearhead financial inclusion for MSMEs in the healthcare segment across India.”