Business Nature:- Service Based
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Hero FinCorp Limited (HFCL) was incorporated in December 1991 as Hero Honda FinLease Limited. After the restructuring of our parent company Hero MotoCorp Limited (formerly Hero Honda Motors Limited), HFCL also changed its name to Hero FinCorp Limited in July 2011.
Under the leadership of Mr Abhimanyu Munjal (CEO), HFCL aims to become India’s 'Next Generation, Ultra-Lean, Credit Champion'. Over the last few years, the company has successfully expanded its presence and operates two distinct business lines:
- Corporate Lending (SME & MME Businesses
- Retail Financing (Hero MotoCorp Two Wheelers)
Currently, HFCL provides several corporate lending services, including Bill Discounting, Secured/ Unsecured Term Loans, Working Capital Loans and Bridge/ Structured Financing. On the retail front, HFCL’s operations are present at over 2000 touch points spread across India.