ECL Finance Limited (ECLF), the Non-Banking Financial Company (NBFC) arm of Edelweiss Financial Services Limited, yesterday announced the inauguration of its 9th Small Business Loan Against Property (LAP) branch in Tiruppur Tamil Nadu. The new branch has been established to cater to the increasing demand for structured and timely credit among small businesses in the region.
Under its Small Business LAP offering, ECL Finance provides loans of up to ₹50 lakh against residential, commercial and industrial properties. The product enables small enterprises to access formal finance through simplified processes, faster credit assessment and efficient disbursal timelines, thereby addressing a key funding requirement for business growth.
Speaking on the occasion, Mr. Ajay Khurana, Managing Director, ECL Finance Limited, said, “MSMEs contribute significantly to India’s economic development. However, access to dependable credit continues to remain a challenge. Our Small Business Loan Against Property solution has been designed to deliver timely and flexible financial support to entrepreneurs. The launch of our Tiruppur branch reinforces our strategic focus on expanding our footprint in Tier 2 and Tier 3 markets and enabling MSMEs to grow, innovate and integrate into the formal financial ecosystem.”
The addition of the Tiruppur branch further strengthens ECL Finance’s presence in Tamil Nadu and is in line with the company’s objective of deepening its MSME outreach across high-potential regional markets.