‘Distributor to Retailer’ (D2R) Finance-- BharatPe

Published on March 29, 2021

Current Context: The Financial Technology firm, BharatPe has launched a product called ‘Distributor to Retailer’ (D2R) Finance.

‘Distributor to Retailer’ (D2R) Finance-- BharatPe

It is launched to grant instant liquidity to SMEs and empower SMEs in India.
The D2R Finance offers collateral-free loans of upto Rs 50 lakhs for a tenure of 7 days to 30 days at low-interest rates and zero processing charges.
The product will address the credit gap which is being faced by the SME sector.
The D2R Finance is termed as the short term loan to tackle constant liquidity challenges faced by SMEs.
The product disburses the loan amount within 1 business day.
It will prove beneficial to small Kirana holders, merchants, dealers and traders.
Static Part:

HQ of BharatPe: New Delhi

Question:

Q.1 Which organisation launched a product called ‘Distributor to Retailer’ (D2R) Finance?
a. PayU
b. BharatPe
c. PhonePe
d. Paytm