Prodigee Finance Limited Celebrates Getting NBFC-ND License from the RBI with the Help of Enterslice

It's quite understandable that the rules and regulations of the Reserve Bank of India make it a challenge for a new financial company to be able to offer loans. The good news, with hard work and the right kind of support it is possible to be achieved. Prodigee Finance Limited recently crossed that milestone and received their NBFC license from the Reserve Bank of India, making it possible for the firm to provide Small and Medium sized Enterprises (SME) loans as part of their services.  Prodigee Finance Limited thanked Enterslice for their valuable help during the entire process.  Both financial companies are enthusiastic about the news.

Mr. Amit Goel, CEO -Prodigee Finance Limited

“We are happy that with the help of Enterslice, we successfully managed to get NBFC license,” commented Mr. Amit from Prodigee Finance. “I'm sure it will help borrowers who don't have access to credit in our region.”

According to the Bhopal-based company, the goal at Prodigee Finance Limited is to provide SMEs loans that they likely otherwise would not have had available, energizing the local economy. By making access to small business loans more simple, and going above and beyond best industry practices when processing loan requests, the non-deposit taking NBFC could have a very powerful positive impact in the extended Bhopal area and beyond.

Narendra Kumar from Enterslice remarked, “We congratulate Prodigee Finance for receiving NBFC license from RBI. Nowadays it is very tough to get the license from RBI without a proper business model and a lot of compliance in place. It was a good project for us to work with Mr. Amit.”

Enterslice is a Legal Technology company that specializes in helping entrepreneurs start successful businesses around the world.

For more information on Prodigee Finance Limited, including the loan process for SMEs, be sure to visit http://prodigeefinance.com.

Mr. Amit Goel