Saturday, November 26, 2011

SHRIRAM EQUIPMENT FINANCE CO.LTD.

Shriram Equipment Finance Company Limited(SEFC) is a wholly owned subsidiary of Rs.370 billion NBFC Shriram Transport Finance Company Limited.The Company SEFC caters to the needs of Infrastructure Industry.The company has carved a niche for themselves in the construction equipment finance space in the industry.

The company has so far financed equipments worth Rs.1600 crores with monthly disbursement of about Rs. 165 crores.The company has presence in 110 locations pan India.The company posts a return on equity of around 26% and return on Assets around 4.2% against the industry average of 2.50% as mentioned by Mr.Pratap Paode CEO of the company while addressing the media.

Shriram Equipment Finance Co.Ltd.,offers wide variety of financial products such as,New equipment loans,used equipment finance purchase finance,refinance on existing asset for working capital needs,dealer trade finance,top up loans and imported equipment finance.

The company is participating in the EXCON 2011,an exhibition of the construction equipment industry organised once in two years by CII in Bangalore.

No comments:

Post a Comment