Spark the Rise Lord Fin Cap

Company Profile

ABOUT THE BUSINESS

LORD FINCAP LIMITED is an Unlisted Public Company registered under the Companies Act, 1956 of India, engaged in the business of providing loans and advances under authorization from Reserve Bank of India vide Regn. No. – B-14.01780.

ESTABLISHMENT YEAR


The company was incorporated on 6th February, 1995 through its promoters Sri Rajesh Joshi and Sri Gopal Singh Mehra, with an authorized capital of Rs. 5 lacs.

FUTURE OF NBFC – need for expansion

The passage of the Banking Law Amendment Bill 2011, has put NBFCs  in the spotlight. With the rise of middle class in India which has reached a certain stage of discernible economic development, there is an ever growing demand of owing a vehicle – two wheeler in most cases – and of small personal loans for other consumer goods of small property investments. These varied requirements cannot be met by banking system alone. Thus, NBFCs are to play a crucial role in broadening access to financial services and are bound to view many fold growth in business in coming years.

DIRECTORS PROFILE

Presently the Company has three Directors :
1)Sri Manish Kumar Pawani – He has been one of the crucial factors, in the growth of the company during the entire tenure of directorship. From the year 2004, since he was appointed as the director of the company, the business has seen constant growth under his management. With a hand on experience of over a decade in the field of finance business, he is persistently involved in exploring new markets and launching lucrative schemes and offers with the trade associates for continuous development of business of the company.