Neil Industries was set up in April 1983. It is a Non-Banking Finance Company (NBFC) registered with Reserve Bank of India (RBI) and is listed on the Bombay Stock Exchange (BSE). Its present product range includes - loans for Business or Capacity expansion, Working Capital loans, loans for Purchase of Equipment and Machinery, Term Loans against Property and loans for Purchase of Commercial Property. The Company has partnered with various renowned Banks and Financial Institutions for asset collateral management and securitization.

The company has grown rapidly over the past three decades on the foundations of committed customer service, transparent business practices, well - organized, secure financial policies and trusted customer base. The company committed for higher standards in everything the company do in servicing its customers, shareholders and business Associates.

Strength of the company

The major strength of the Company lies in its Management team. The Management team has strong belief in good governance and its policies are always aimed at exploring opportunities that comes in its way. The Company uses sound Credit Appraisal Skills, Risk Filters, effective Asset Monitoring and adept recovery procedures with a judicious blend of conventional and dynamic business practices.

Strong regional presence, deep penetration, quick processing of loan applications, flexible terms, hassle free documentation, longstanding association with the transporters and in-depth knowledge of the market are some of the strengths of the Company. All the factors above have enabled the Company come a long way from its position of being the Regional Player to a National player in its chosen field.

Business area of the company

The company operates as a non-banking financing company in India. Its products include loans for business or capacity expansion, purchase of equipment and machinery, and purchase of commercial and industrial property; working capital loans; and term loans against property and property rentals. The company also offers asset and margin financing; promoter and stressed assets funding; and investment, project financing, project development, management and implementation, asset management, corporate advisory, and back office services.