Associated Finlease was incorporated on October 26, 1994 as a Limited company under the name & style of Associated Finlease Limited & obtained the certificate of commencement of Business dated November 8, 1994.
The company has been engaged in various financial activities such as hire purchase, and has a research cell for primary and secondary market investments. The company plan to help SMEs to raise finances through credit guarantee scheme. Government of India has started this scheme to encourage small enterprises for establishing manufacturing unit.
The company plan to do many more activities in due course of time which will be known to shareholders from time to time.
Business area of the company
The company has been primarily engaged in the business of financing new consumer durables mainly white goods on hire purchase basis. It has an active Research Cell also for primary & secondary market investments.