Electronica Finance Ltd.

Company name
Electronica Finance Ltd.
Address
pune
Phone
08390304246
Establishment year 1990
Employees 4001-5000

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Company Details

Description
Electronica Finance Ltd, incorporated in 1990, is a part of the SRP Electronica Group and a pioneer in the field of Machine Finance. After an eventful journey of close to 3 decades, EFL today has more than 40 offices across the country, has served more than 7500 customers and has an AUM in excess of Rs.1150 crores.
The origin of the SRP Electronica Group was that of a manufacturing company started by a group of first-generation technocrats. With the experience of starting a new business also came the realization about the challenges, especially financial, that a typical SME business has to face. As a result, the group’s understanding of machines, as well as manufacturing experience, was leveraged to start financing of machine purchases, which at that time was a pioneering effort. This understanding was also used to start other innovative services like doorstep finance and assessment-based financing. Very soon, EFL started financing machines of other manufacturers in the machine tool as well as other industries. EFL’s ground-breaking products, services and last mile connectivity were also recognized by SIDBI, which resulted in a partnership which is now more than 12 years old.

Keeping in mind the overall philosophy of customer centricity and assessment-based financing, products such as loans for purchase of industrial properties, bill discounting and working capital loans were introduced and they have contributed to EFL’s success. EFL today continues to be shaped by its experiences and philosophy of customer centricity, innovation and transparency. This is also the genesis of new business verticals like micro enterprise financing, which aims at providing much-needed funds to businesses across the trading and service industry.

With its vision of “Creating success stories for businesses”, EFL is perfectly poised to successfully continue on this journey of passion and progress.
Products & Services
Business Loan
Business Loan is a product by which money can be raised for paying of business-related expenses or expand an existing business. These loans can be availed without security if your financial profile and bureau score are good.
Machinery Loan | Machine Loan
Machine Loans help you buy new or used machinery without collaterals in an easy and simple way. You can purchase machines like VMC, CNC, blow molding, injection molding, embroidery machines, printing and wood cutting machines through this loan. Know More - https://www.efl.co.in/machine-loan

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Last update: July 2019 - View Status

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