Shriram Equipment Finance makes financing happen

Shriram Equipment Finance offers a variety of financial products to conclusively meet the requirement of all customers, manufacturers and dealers in construction equipment industry.
Shriram Equipment Finance Company Ltd. (SEFC) is a wholly owned subsidiary of Shriram Transport Finance Company Ltd. (STFC), which is the largest NBFC in country with assets under management in excess of ` 530 billion. SEFC caters to the financing needs of all classes of customers in the fast-growing infrastructure industry in the country. Having started its operations in October 2010, SEFC has already attained most prominent position in construction equipment finance space in the country.
Shriram Equipment Finance provides finance to contractors, sub-contractors, mine owners and operators, plant hirers and others involved in the development of India’s infrastructure sector such as roads contractors, irrigation contractors, mining owners and operators, mining owners and operators, quarry owners/operators, ports contractors, airport contractors, urban infrastructure contractors/builders and plant hires. Easier to say, every possible entity and segment is contributing to the infrastructure development in the country.
Shriram Equipment Finance with its focused approach in industry brings in pronounced advantages for both customers and manufacturers:
• Fastest deal turn-around time Shriram Equipment Finance has simplified and efficient deal processing system aided with cutting-edge technology support to provide shortest turn-around time in the country. SEFC conclude finance and due diligence aspects of deal within time that is 50 per cent of industry average TAT.
• Focused retail approach Understanding the distributed customer profile across geography, and the risks associated with the profile and segment, Shriram Equipment Finance is focused to empower small and medium operators with easy, attractive finance option available at their doorstep. Today SEFC is one of the largest retail segment financers in construction equipment segment.
• Wide distribution across India Leveraging Shriram Transport’s presence in more than 550 branches, SEFC has manned its operations at 163 locations thereby covering across the country. This network and distribution is one of the most extensive one amongst all other NBFCs/banks, operating in construction equipment finance industry in India.
• Superior product offering Shriram Equipment Finance with its superior industry understanding and underwriting skills has evolved product offering in terms of asset selection, loan-to-value, tenor and other finance terms flexible that is by far the best in the industry.
• Covering all assets and customers Shriram Equipment Finance believes and demonstrates financial inclusion of all asset classes/models and customer grades with best in industry product offering. Complete coverage to the matrix of assets and customer grades make Shriram Equipment Finance a comprehensive solution provider in this segment.
Shriram Equipment Finance offers a variety of financial products to conclusively meet the requirement of all customers, manufacturers and dealers in construction equipment industry.  Some of its key products are new equipment loans, used equipment purchase finance, refinance on existing asset for working capital needs, dealer trade advance, top-up loans and imported equipment finance.

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