New Delhi, June 9 -- Poonawalla Fincorp has introduced Business Loan 24/7, marking what the company describes as an industry-first digital lending solution specifically designed for micro, small, and medium enterprises.

The new product features a digital risk assessment model that provides instant loan approval with flexible repayment terms for MSME borrowers.

The lending platform operates entirely through digital channels, utilising a Straight Through Processing model that eliminates traditional requirements for branch visits and physical documentation.

The system is designed to offer a streamlined onboarding and approval process for business customers seeking credit facilities.

According to the company, the solution incorporates adv...