Top NBFCs supporting MSME growth with faster loan approvals

• SAVE (NBFC-MSME)

SAVE (NBFC-MSME) offers tailored MSME loan solutions designed to support micro, small, and medium enterprises, especially in rural and semi-rural areas that have limited access to formal credit. Their financing portfolio includes secured loans such as Loan Against Property and Loan Against Plot, which help businesses raise working capital, buy equipment, consolidate debt, or manage emergencies by mortgaging property. They also provide unsecured Business Loans without collateral to assist with business expansion, inventory purchase, working capital, and other enterprise needs. With minimal documentation, transparent processes, and a focus on quick disbursement, SAVE aims to help small businesses grow and scale effectively.

• Moneyboxx Finance:

Moneyboxx Finance Limited is an NBFC (non-banking financial company) focused on financial inclusion for underserved micro and small businesses in rural and semi-urban India. It provides small-ticket business loans (typically ₹50,000–₹3 lakh) to micro-entrepreneurs who often lack access to traditional banking credit.Headquartered in Gurugram and Mumbai, the company operates across multiple states with a strong presence in Tier-III and rural regions. Its core focus is lending to segments like kirana stores, livestock owners, small traders, and first-time borrowers, especially in the “missing middle” of the credit system.

• CreditAccess Grameen Limited:

CreditAccess Grameen Limited is a leading Indian microfinance institution (NBFC-MFI) headquartered in Bengaluru. It primarily provides small loans to low-income households in rural and semi-urban India, especially women entrepreneurs organized under Joint Liability Groups (JLGs).The company focuses on supporting borrowers who typically do not have access to formal banking credit, offering loans for activities like small businesses, agriculture, housing, education, and emergencies.

• Agriwise Finserv

Agriwise is an agri-focused financial services company (NBFC) in India that provides customised credit solutions for the agricultural value chain. It mainly offers loans to farmers, agri-entrepreneurs, traders, FPOs, and agribusinesses to support working capital, commodity financing, and business expansion.The platform is designed to make agricultural lending faster, simpler, and more accessible, especially for rural and semi-urban borrowers who often struggle to get formal credit. It offers products like agri term loans, warehouse receipt finance, and short-term working capital loans, tailored to seasonal farming needs.

• Shubham Housing Finance

Shubham Housing Development Finance Company (Shubham.co) is an RBI-registered NBFC-Housing Finance Company based in Gurugram that focuses on providing home loans and loans against property to customers with informal or cash-based incomes who are often outside traditional banking systems.The company uses a customised credit assessment model instead of relying only on salary slips or formal income proof, helping self-employed individuals like shopkeepers, small traders, and workers access affordable housing finance.