Lendingkart, a financial services and fintech company, has announced its co-lending partnership with Cholamandalam Investment and Finance company Ltd (Chola) to disburse business loans to SMEs. The partnership will be a 100% digital process for customers. Here the working capital loans will be disbursed to small and medium businesses. With this partnership, Lendingkart aims to expand their reach to tier2/tier 3 cities to bridge the financial gaps that exist in these cities. Lendingkart’s platform will take care of origination processes with its tech platform. The partnership adds to Chola’s reach and allow customers easier access to the company’s range of unsecured business loans.