The Commercial Vehicle business of the group had its genesis
in four companies, one in each zone and with the common mission of providing used
vehicle financing to the largely under-served owner-operators in the trucking industry.
Engaged exclusively in financing of Commercial Vehicles, both new as well as old, Shriram Transport Finance Company Limited (STFC), as of now has over 0.85 million truck-owners as customers.
The Assets Under Management is in excess of Rs. 42,000 crores. STFC also enjoys monopoly position in financing of Used Vehicles. Growing at a Top line CAGR of 40% over the last 5 years, STFC boasts a pan-India branch network of 500 offices and 70 SBUs and employees more than 15,000 people. STFC is listed in the Bombay Stock Exchange (BSE), and National Stock Exchange (NSE) of India.
STFC is the consolidation of all the four entities, which happened with the advent of our major financial partner, Texas Pacific Group. This consolidation and subsequent growth over the last 5 years propelled STFC to the leadership position in the Transportation Finance Sector.
The key value proposition of STFC include funding the entire business cycle of the transporter, ranging from his basic working capital needs through discounting his freight bills and facilitating his vehicle replacement.
To read more, please click on to www.stfc.in
Engaged exclusively in financing of Commercial Vehicles, both new as well as old, Shriram Transport Finance Company Limited (STFC), as of now has over 0.85 million truck-owners as customers.
The Assets Under Management is in excess of Rs. 42,000 crores. STFC also enjoys monopoly position in financing of Used Vehicles. Growing at a Top line CAGR of 40% over the last 5 years, STFC boasts a pan-India branch network of 500 offices and 70 SBUs and employees more than 15,000 people. STFC is listed in the Bombay Stock Exchange (BSE), and National Stock Exchange (NSE) of India.
STFC is the consolidation of all the four entities, which happened with the advent of our major financial partner, Texas Pacific Group. This consolidation and subsequent growth over the last 5 years propelled STFC to the leadership position in the Transportation Finance Sector.
The key value proposition of STFC include funding the entire business cycle of the transporter, ranging from his basic working capital needs through discounting his freight bills and facilitating his vehicle replacement.
To read more, please click on to www.stfc.in
