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Press background on Prest Loans
Company profile
We are a new age FinTech NBFC, providing all kind of loans to support and encourage the businesses; these loans may be in form of Small or medium businesses, MSME units– term loans, E-commerce vendors, Invoice financing, Inventory funding and Agri loans etc.
 Recent press releases
Prest Loans and U GRO Capital Join Hands to Solve the MSME Credit Gap in Tier 3 and 4 Cities

Delhi based, MSME focused, digital lender Prest Loans (www.prestloans.com) has signed up a strategic alliance agreement with Mumbai based U GRO Capital (www.ugrocapital.com), a BSE listed technology enabled NBFC, to provide secured business loans to Micro SME business units. Under this arrange... (more)
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Digital Lender "Prest Loans" Forays into Electrical Vehicle (EV) Financing Segment; Collaborates with Eqaro Guarantees and Terra Motors

Prest Loans to encourage self-employment and support clean energy initiatives
Prest sees EV segment as a huge opportunity in next 5 years
 
Prest Loans, a Dehi based, fast growing digital lending company (www.prestloans.com) has forayed into financing of electrical ... (more)
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Prest Loans Engages Mr. Rajeev Kishore Dubey (Ex CMD-Canara Bank) as Strategic Advisor on its Advisory Board

New Delhi based, MSME focused, digital lender Prest Loans (www.prestloans.com) has announced its association with Mr. Rajiv Kishore Dubey, Ex - CMD of Canara Bank as mentor and strategic advisor on its advisory board to strengthen its senior leadership team.
 
Mr. Ashok Mittal ... (more)
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Digital Lender “Prest Loans” Secures USD 2.5 Mn (Rs. 16.5 Crore) Funding

Digital lending platform and RBI registered NBFC Prest Loans (www.PrestLoans.com), has secured debt funding of about USD 2.5 Mn (appr. Rs. 16.5 Crore) from multiple lenders. The lenders include AU Small Finance Bank, INCRED, MAS Finance, Northern Arc Capital (earlier IFMR) and ... (more)
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FinTech NBFC “Prest Loans” Raises Equity from Existing Investors

Company to expand operations and strengthen technology platform
 
 
New Delhi based Fintech NBFC “Prest Loans” recently raised fresh equity from existing investors. It raised about Rs 37.10 Million (approx. $ 570K) as per the information provided by th... (more)
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Fintech NBFC “Prest Loans” Forays its Operations in Rajasthan

Prest Loans the new age FinTech NBFC, providing online loans to small businesses and MSME segment has expanded its operations by opening new office in Rajasthan.
 
The company announced that they are opening office in Jaipur at F-26, 2ndfloor, Gautam Marg, Amrapali Circle,... (more)
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Ashok Mittal Buys NBFC Lord Krishna to Convert into FinTech NBFC, Rebranded as Prest Loans

Commodity and financial market expert Ashok Mittal has acquired New Delhi based NBFC “Lord Krishna Financial Services Ltd.”.
 
A reputed and well known ex-banker, Ashok Mittal has more than 20 years’ experience in financial services business. He was CEO of com... (more)
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