SINGH FINLEASE PRIVATE LIMITED

In their own words

Finway was incorporated by a young Indian entrepreneur, Mr. Rachit Chawla in January 2017. Mr. Chawla is a graduate in Business and Management from Aston University, Birmingham, U.K. After completing his formal education, he served many prestigious organizations in various capacities such as Pricing Analyst for Intel Corporation at EMEA Headquarters based in Swindon, United Kingdom. Right from Lending to Investment Advisory and Wealth Management to Insurance, Finway is a holistic financial platform for individuals and small businesses. This unconventional NBFC deals in both Secured and Unsecured products which are strategically moulded as per the needs of market and customers. Finway is an organisation that motivates people to fulfill their dreams that would be difficult to achieve earlier due to the inaccessibility to right financial consulting and solutions. Finway is expanding its boundaries from Delhi/NCR to top ten cities of the countries, including the four metros and this expansion is due within 2 years. Also, Finway is planning to launch the concept of Offline Loan Shops in Delhi for people who are not that tech-savvy and need offline support. Started with a loan book value of Rs. 1.0 crores, currently the loan book value of Finway is 14.00 crores. And, with ZERO NPAs, the company is growing at the rate of 20 percent on MoM basis. On the other hand, it has grown more than 7 times in terms ofthe number of loans disbursed since inception. A TAT (Turn Around Time) of 24 hours was the biggest task for the management that was strategically achieved following the best technologies and practices in operation. Today, Finway succeeds in reducing the TAT to 24 hours for unsecured loans and 72 hours for secured loans, which no other NBFC is capable to offer. Financial Inclusion and Financial Literacy are the two key areas where Finway is trying to focus onits CSR objectives through seminars, webinars, and social media platforms. Finway also provides24 x 7 FREE OF COST Investment advice to people on phone. In addition, Finway is successfully running Financial Literacy program on its YouTube Channel where it educates people about the Do’s/Don’t’s of dealing with any financial products. Finway has just launched its Agent App called “FLAP”, an acronym for Finway Loan Assist for Partners on iOS and Android platforms. The aim behind launching this app is to consolidate market, encourage common man to be an entrepreneur with us, and to give loan seekers the best solutions in real time with most transparent manner. Using this app, the Finway agents can virtually process home loans, business loans, personal loans, and loan against property and even track their earnings in real time. All in all, FLAP’s commission structure is totally a win-win strategy for customers, agents, and for financial institutions. Vision To be the most competent, honest and transparent Financial Services company of India for individuals and SME’s. Mission To empower Indians by way of financial inclusion & literacy enabling them to make prudent choices when it comes to borrowing, investing or protecting their capital. Objectives under the Product Portfolio • Lending – Providing you money when you need the most! On time, Every time.Instant / Emergency loans where we disburse loans in less than 24 hours • Protecting/Insurance – Providing personalized protection solutions like Life Insurance, Health Insurance, Travel and Motor Insurance customized as per the customer’s financial needs, objectives and goals • Investment Advisory – A complete commission-free investment advisory approach for customers which help them to take the important financial decisions of their life’s with ease and complete awareness • Wealth Creation – We hand hold our customers to grow their hard earned money so that they can live the life they desire. We take pride in creating wealth for our clients as per their life’s aspirations and financial goals Awards & Achievements • Won Excellence in Financial Product Branding Award by Indian Brand Convention & BAM Awards 2018 • Won Excellence in Artificial Intelligence and Finance Award by Indian Start-Up Convention & Start-Up Excellence Awards 2018 • Awarded as the Tech Company to Watch Out For BW Disrupt TechTors • Nominated among Top 50 Brands by Exchange4media

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