ECL Finance opens loan branch for SMEs in Tamil Nadu

By Vriti Gothi

ECL Finance Limited (ECLF), a non-banking financial company promoted by Edelweiss Financial Services, has launched its Small Business Loan Against Property (LAP) branch in Chengalpattu, Tamil Nadu. This marks a step in the company’s strategy to enhance financial inclusion and empower small enterprises in emerging business hubs across India.

The new branch will focus on delivering tailored credit solutions to small businesses, offering loans of up to  $600,000 secured against residential, commercial, or industrial property. Designed with speed, reliability, and accessibility at its core, the Small Business LAP product provides streamlined approvals and quick disbursals, addressing a long-standing credit gap faced by micro, small and medium enterprises (MSMEs).

“Small businesses are the backbone of our economy, but many still struggle to access timely and reliable credit,” said Mr Ajay Khurana, Managing Director of ECL Finance Limited. “Through our Small Business Loan Against Property offering, we aim to provide them with quick and dependable working capital support. With the launch of our Chengalpattu branch, we are not only supporting local entrepreneurs but also strengthening our broader commitment to empower MSMEs in Tier 2 and below cities, helping them grow, innovate, and become part of the formal credit system.”

With this launch, ECL Finance underscores its commitment to advancing inclusive growth and enabling small businesses to participate more actively in India’s evolving financial ecosystem. By combining customer-centric design with efficient credit delivery, the company seeks to unlock new opportunities for entrepreneurs and contribute to the digital transformation of MSME financing across the country.