Chennai, September 24, 2025: ECL Finance Limited (ECLF), an NBFC promoted by Edelweiss Financial Services, has opened its first Small Business LAP branch in Chengalpattu, Tamil Nadu. The branch will cater to the credit needs of small businesses by offering a Loan Against Property (LAP).
ECLF’s Small Business LAP product offers loans of up to ₹50 lakhs against residential, commercial industrial property. Designed to provide reliable access to capital, the offering comes with quick approvals and disbursals—bridging a critical gap for small enterprises that often face challenges in securing formal credit.
“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.”
About ECL Finance Limited
ECL Finance Limited is a non-banking financial company (NBFC) and a part of the Edelweiss Financial Services Limited. With a clear focus on building a capital-efficient MSME lending franchise, ECL Finance provides innovative and flexible financial solutions to support the growth aspirations of micro and small enterprises across India. ECL Finance is dedicated to empowering its clients through tailored financial solutions.