To achieve excellence and leadership, by setting standards of professionalism, morals and transparency. Our intent is about responsibly handing back to the community what it deserves the most. Being skilled and mature in our approach and our decision-making ability are the cornerstone.
To strive tirelessly into the future, being a support system that cares. Thus provide enhanced solutions suited to the financial market.
Fuelled by endeavor to realize the desired success, necessities bring out the change in us. Incepted in January 5 th , 2018, Swadha Finlease Private Limited is composed of businessman and highly appreciated dignitaries from different industry verticals to enhance and enlighten the NBFC business. When individuals from diverse field/verticals get align with good intent to serve the society, then a new team is formed to run a business with innovative ideas and solutions. Below are the founders :
1. Mr. Rakesh Agrawal
2. Mrs. Sangeeta Deshpande
3. Mr. Jayant Singh
4. Mr. Amit Kumar Sharma
5. Mr. Mayur Mishra
6. Mrs. Sangeeta Khatwani
7. Mr. Ashish Kedia
We understand the importance of having a secure future, and also the need to create finance alternatives. Many of the successful organizations can have positive end results with our finance solutions. Our core competencies are high-end technology, well-organized processes, stringent compliance regime supported by highly talented human resource. We endeavor to support for continuation on the growth path benefitting multiple businesses across industry segments.
Our commitment is to define newer dimensions, garnering the trust of our clients. We endeavor to serve as a reliable solution, strengthening our relationship with our customers. Our intent is to create more opportunities for growth for businesses, nationwide. Our philosophy is to thrust forward holistic inclusive growth, beyond mere economic progress.
The nature of business of Swadha Finlease Private Limited is to provide loans and advances to the needy, subject to the utilization of fund in productive area of activities. We have already been granted a license required for these activities under Reserve Bank of India Act, 1934 issued by Reserve Bank of India.
Our Company is unique from other players in this field due to various reasons and number of strategies adopted by Board of Directors (BOD) and Management team to facilitate the business as well as personal financing requirement. The Directors and Management team is highly educated and experienced in the field of financial sector, conclusively well known for various business verticals. The Board of Directors (BOD) of Company followed by experience and success in respective field of their business with various unique propositions makes our company different from the competition. The products and loan management and distribution policies will be very different from the other players in the NBFC space.
Finance is always been blood of organization/business from the day one. It is not possible to run business without finance. Success or failure of any business depends on the availability of funds at the right time. We understand this and hence would make sure that the timely disbursal or funds are done to our clients by adopting a quick processing of Loan. We achieve this by having efficient manpower and use of technology tools.
Traditionally banks impose a very tough eligibility requirement like good credit score, no bad history of repayments and a significant credit standing. We would also adopt stringent eligibility checkpoints but with flexibility on studying the requirements and usage of funds. We sincerely believe that a business has ups and downs and hence we would focus more on the right usage of funds. The secured loans offered by us would also have better Collateral to Loan ratio than our competition.
One of the huge advantages of NBFC’s is that they can offer customized loans based on the customer’s requirement. This is very useful for small business owners as they avail the loan according to their needs. Swadha Finlease Private Limited will strive to customize the loans as much as possible to suit the business requirements of the clients.
Company is focusing on loan activities as approved from regulatory authority Reserve Bank of India (RBI). We will be targeting the individuals and companies who are not having access to finance from bank and rural/urban people who are normally very weak in paper work and formalities. We have a plan to work in both Rural and urban areas accordingly as per request of our clientele base.
Initially we have targeted following sector:
Under this segment, Swadha Finlease Private Limited believes to finance or provide loan to needy people with fulfillment of required terms and condition. It will cover the sectors like agriculture (both subsistence and commercial), education, etc.
This segment of economy produces finished goods from the Raw Materials extracted by the primary economy. All manufacturing, processing and construction lie within this sector. Activities associated with this sector include metal working and smelting, automobile production, textile production, chemical and engineering industries, aerospace manufacturing, energy utilities, engineering, breweries and bottlers, construction and shipbuilding and so on. Therefore the applicant believe to finance and provide loan to this segment industry and person based on their requirement and fulfillment of terms and condition prescribed entity.
Under this segment, entire service industries are categorized under this sector. Activities associated with this sector are retail and wholesale sales, transportation and distribution, restaurants, clerical services, media, tourism, insurance, banking, healthcare and law. Therefore, the applicant believes to finance and provide loan to this segment industry and person based on their requirement and fulfillment of terms and condition prescribed entity.
India has a diversified financial sector undergoing rapid expansion, both in terms of strong growth of existing financial services firms and new entities entering the market. The sector comprises commercial banks, insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds and other smaller financial entities. The banking regulator has allowed new entities such as payment banks to be created recently thereby adding to the types of entities operating in the sector. The Government of India has introduced several reforms to liberalize, regulate and enhance this industry. The Government and Reserve Bank of India (RBI) have taken various measures to facilitate easy access to finance for Micro, Small and Medium Enterprises (MSMEs). These measures include launching Credit Guarantee Fund Scheme for Micro and Small Enterprises, issuing guideline to banks regarding collateral requirements and setting up a Micro Units Development and Refinance Agency (MUDRA). With a combined push by both government and private sector, India is undoubtedly one of the world's most vibrant capital markets.
The Government of India has announced a few key reforms like abolishment of Foreign Investment Promotion Board, introduce bill for curbing illicit deposit schemes, Establish a Computer Emergency Response Team for financial sector (CERT-Fin) and set aside Rs 10,000 crore (US$ 1.5 billion) towards re-capitalization of banks.
The Government of India is likely to allow 100 per cent foreign direct investment (FDI) in cash and ATM management companies, since they are not required to comply with the Private Securities Agencies Regulations Act (PSARA).
Mr Ravi Shankar Prasad, Union Minister of Law & Justice and Information Technology, has launched a free Doordarshan DTH channel called DigiShala, which will help people understand the use of unified payments interface (UPI), USSD, aadhaar-enabled payments system, electronic wallets, debit and credit cards, thereby promoting various modes of digital payments.
India is today one of the most vibrant global economies, on the back of robust banking and insurance sectors. The relaxation of foreign investment rules has received a positive response from the insurance sector, with many companies announcing plans to increase their stakes in joint ventures with Indian companies. Over the coming quarters there could be a series of joint venture deals between global insurance giants and local players.
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