Finway Capital: Empowering People to Become Financially Independent

Rachit Chawla,Founder & CEO

Rachit Chawla

Founder & CEO

Procuring loans via conventional sources like banks has often proven to be a tedious task for small and medium- scale organizations. The process of loan disbursal through traditional channels is lengthy and time-taking. Delayed disbursals can result in missed opportunities which can heavily affect the business. Digital Finance Companies, on the other hand, utilize state-of-the-art technologies to make the entire process smoother, quicker, and efficient. Headquartered in Mumbai, with offices at Delhi NCR and Bengaluru, Finway FSC, promises seamless loan disbursals with a turnaround time of 24 hours, which is one of the fastest in the industry. Explaining the objective, the Founder & CEO of Finway Capital, Rachit Chawla, says, “We are constantly innovating new products and strategies to consolidate the fragmented lending channel and let people experience financial independence.”

Finway leverages different types of technologies to reach out to the potential customers. For instance, during the lockdown period, the firm observed that many people had the risk of losing their jobs or have already lost. Therefore, Finway team of experts devised the FLAP (Financial Loan Assist Program) app for them. Through this app, they could become Finway’s channel partners and bring customers for Finway. Every time a loan is disbursed, the partners get a certain
amount of commission for their efforts. “I am glad to say that FLAP has generated a plethora of employment opportunities for many individuals who were facing a financial crisis amid Covid-19”, adds Rachit Chawla.

Besides offering loans to those in need Finway Capital has several other products in the portfolio that include Personal Loan, Business Loan, Home Loan, Loan Against Property, Life Insurance, Health Insurance, Credit Cards, and Investment. The company has tied up with 100+ financial institutions to provide its customers with a holistic range of financial solutions, including secured and unsecured loans and insurances.

4 years into existence, Finway Capital has already peaked at 200 Crores+ worth loan disbursement annually. With 1000+ channel partners, Finway Capital has successfully delivered its portfolio of 20+ products to over 21000 customers.

To empower Indians via financial inclusion and knowledge, allowing people to make wise decisions about borrowing, investing, and preserving their wealth

Bringing the Ethic in Financial Support
The whole center group at Finway contains similar people who wish to make each Indian monetarily free. Finway's colleagues hailing positions of authority have a heavenly history and have worked with probably the most presumed monetary administrations associations on the planet prior to joining Finway FSC. "We are completely dedicated to keeping up the most significant level of moral principles, proficient respectability, corporate administration, and administrative consistence and these characteristics have assumed a tremendous part in our example of overcoming adversity", declares the CEO.

Finway is growing its limits from Delhi/NCR to the main ten urban areas of the nations, including the four metros, and this development is expected inside 2 years. Likewise, Finway is intending to dispatch the idea of Offline Loan Shops in Delhi for the client portion that is not a lot of technically knowledgeable and need disconnected help. With respect to the inaccessible future, Finway FSC desires to turn into the most capable, genuine, and straightforward Financial Services organization in India for people and SMEs.