ECL Finance Expands MSME Credit Access with New Small Business Loan Branch in Tamil Nadu

ECL Finance Limited (ECLF), the non-banking financial arm of Edelweiss Financial Services, has announced the opening of its new Small Business Loan Against Property (LAP) branch in Chengalpattu, Tamil Nadu. The move reflects the company’s strategy to deepen financial inclusion by extending structured credit access to small enterprises in emerging Tier 2 and Tier 3 markets.

The newly launched branch will focus on offering customized credit solutions for small businesses, with loans of up to $600,000, backed by residential, commercial, or industrial property. The product is designed to address one of the most critical challenges faced by MSMEs, access to quick, reliable, and affordable credit. With simplified processes, faster approvals, and expedited disbursals, ECLF aims to bridge the financing gap that often prevents small enterprises from scaling their operations.

Highlighting the importance of the initiative, Ajay Khurana, Managing Director of ECL Finance Limited, said:

“Small businesses are the backbone of our economy, but many still struggle to access timely and reliable credit. 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.”

By setting up operations in Chengalpattu, a region fast emerging as a hub for manufacturing and services, ECL Finance is positioning itself to serve a growing base of entrepreneurs who often remain underserved by traditional banking systems.

This step also aligns with the broader vision of strengthening India’s MSME ecosystem, a sector that contributes nearly 30% to GDP, employs over 110 million people, and accounts for almost half of India’s exports. By bringing efficient and customer-centric credit solutions to smaller markets, ECL Finance is enabling businesses to invest in expansion, innovation, and digitization.

With this launch, ECL Finance is reinforcing its role as a catalyst for inclusive growth and financial empowerment, aiming to create long-term impact by integrating small businesses into India’s evolving formal financial ecosystem.