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Ujjivan Small Finance Bank has ventured into a new avenue of lending namely Supply Chain Finance through which the bank will fund dealers and sub-dealers against purchases made from recognized brands through short-term overdraft facility.

In line with this development, Ujjivan SFB has established a collaboration with fintech partner for end-to-end digitized invoice-based financing services and repayments for loan applications received from Micro, Small and Medium Enterprise (MSME) units seeking small tenor working capital for their businesses.