• Equipment Financing Company

Srei Equipment Finance Ltd. (SEFL)

(CIN U70101WB2006PLC109898) has emerged as one the major equipment financiers in India. The company enjoys a Pan-India presence with 89 branches and 4 offices, across 21 states. SEFL has an experienced management team having significant expertise in the financial services.

As of September 30, 2017, we had more than 64,000 current customers. We cater to a wide range of customers, from ‘First Time Users’ (“FTUs”) and ‘First Time Borrowers’ (“FTBs”) to fleet owners and mid-size contractors to large corporations and project owners.

The equipment we finance include Construction, Mining and allied Equipment, Tippers, IT and allied equipment, Medical and allied equipment, Farm equipment and Other assets.

In more than 27 years of our group’s operations, we have demonstrated clear market differentiation through our holistic approach to providing equipment financing solutions. This approach covers the value-chain in the equipment life cycle by providing financing to and sustaining continuous engagement with customers across equipment procurement, deployment, maintenance and exit stages. The equipment-centric services we provide include preferred financing schemes offered by us in conjunction with Original Equipment Manufacturers (“OEMs”), equipment deployment assistance during project downtime, spare parts financing, exchange programme financing and used equipment financing.

Our partnerships with OEMs are key to our equipment-centric business model. We offer innovative financing solutions to equipment purchasers under these arrangements, which we believe are relatively new to the Indian equipment financing market.

Equipment-centric robust and disciplined business model across diverse business verticals

We operate a holistic business model providing end-to-end solutions across the equipment lifecycle beginning from the equipment's acquisition to its refinancing or resale. We are able to leverage our capabilities and relationships to be present across the entire equipment value chain, support customer requirements across the equipment life cycle and reinforce customer loyalty. Our offerings at different stages of the equipment lifecycle include:

  • Equipment Acquisition: At this stage, we provide assistance in equipment procurement through customised solutions comprising loans and leases (where we benefit from our OEM relationships).
  • Equipment Deployment: During this stage, if a customer requires, we help in matching equipment financed by us to projects/jobs to allow efficient deployment of idle assets.
  • Equipment Maintenance: During this stage, we provide equipment maintenance assistance through spare parts financing and enable our customers to access our strong OEM and dealer relationships for maintenance support.
  • Second Life Financing: We have also introduced branded refurbished equipment solutions for our customers. During this stage, we help our customers in acquiring branded refurbished equipment in conjunction with our OEMs partners.
  • Equipment Exit: At this stage, we facilitate various services including equipment valuation and inspection, auctioning and other equipment disposal services. Our 77 stockyards across the country are important to our ability to offer these exit services efficiently. Our used equipment financing, refurbishment programmes and exchange programmes assist customers to dispose of their old equipment.