Sri Lanka’s Fintrex Finance, owned by Bluestone Capital, a private equity and venture capital company, is extending its branch network in rural areas prioritizing lending to entrepreneurs and small businesses.
Ajit Gunewardene, its founder and chairman, said the aim is the creation of entrepreneurs countrywide who are the future base of this economy.
“With the right technology and a management team it has the ability to compound capital for investors, enabling responsible lending and deploy best practices to scale our operations nationwide and a build a future for the next generation of leaders,” he added.
Fintrex Finance, a finance company formerly known as Melsta Regal Finance, was bought by Bluestone a subsidiary of Bluestone Capital, from Melstacorp group in March 2018.
intrex Finance Limited opened yet another branch adding to their list of island wide locations. The newest branch was ceremoniously opened in Dambulla in the presence of the Mayor of Dambulla Urban Council Mr. Jaliya Opatha together with Mrs. Tamara Dharmakirti –Herath, General Manager / Chief Executive Officer Fintrex Finance and other officials.
Fintrex Finance provides easy-to-get motor vehicle leases for brand new, unregistered or registered cars, dual-purpose vehicles, medium commercial vehicles, three wheelers and motor bicycles.
Most recently, the company launched a campaign offering three-wheel drivers very affordable and incentivized financing options. Fintrex primarily serves the SME sector with a range of financing options.