Goyal Associates has entered into a tie up with Softspin Technologies for providing small ticket sized loans online. The company plans to gradually scale up the operations over the coming 12 months and will begin with an asset base of Rs 1 crore for disbursement of the said loans using the online Platform developed by the vendor, Softspin Technologies. The company expects the venture to become profitable over the period of 12 months and deliver positive returns adjusted for any NPAs post the said 12 month period.
Goyal Associates operates as a non-banking financial services company.
