Naweed Akhtar Sharif

Smart Finance Limited is a non-banking financial institution that uses invoice discounting to provide immediate liquidity to the small and medium enterprises (SMEs) of Pakistan through a streamlined application process. Smart Finance Limited is a response to how SMEs’ access to capital and financial resources in Pakistan is immensely constrained, limiting productivity and diminishing their potential ontributions to the economy. Existing funding routes for SMEs’ often feature inflated interest- rates and a cumbersome application process that risks discouraging entrepreneurship. By contrast, Smart Finance Limited can approve applicants for loans in as little as 24 hours at competitive and manageable interest rates that do not alienate small-scale businessmen and encourage entrepreneurship at every level.