Softlogic Finance introduces simplified business loans
Softlogic Finance PLC is on an aggressive growth strategy,
introducing new services including loan facilities similar to those
offered by banks.
It has introduced business loans through its corporate lending arm to
support medium scale businesses seeking additional funding for
expansion. Under this initiative, customers could obtain financing for
working capital, trade finance, bridging loans, capital investments and
project financing.
Softlogic Finance, previously known as Capital Reach Leasing PLC, was
relaunched under the banner of its new parent company, the Softlogic
Group, following its acquisition late last year.
The company has seen significant growth and stability since the
takeover, prompting it to push forward with new products. "At Softlogic
Finance, our approach is innovative," said Director Nalin Wijekoon. "We
adopt a practical view to the evaluation of business proposals and base
our decisions on the merits of each case."
The most important factor for loan applicants is that the company
will give them a response within three days and disbursements are done
immediately on approval.
Softlogic Finance PLC has eight branches in provincial towns and has
plans to expand its network.
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