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Centrum Financial Services raises ₹50 crore through PTCs - The Hindu BusinessLine

Centrum Financial Services raises ₹50 crore through PTCs December 13, 2020 × Centrum Financial Services Ltd (CFSL), the NBFC arm of financial services major Centrum Group, has raised ₹50 crore by securitising its supply chain loan book, which was acquired from L&T Finance two years ago. Further, the company is also looking to raise another ₹25 crore through the same route. The business, which provides financing with an average ticket size of ₹50 lakh to ₹1.5 crore to MSME supply chain dealers and vendors, has raised the funding from Indian high networth individuals, family offices and treasuries among others. However, the names of the investors could not be immediately ascertained.

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