Five Star Business Finance opens for subscription: Key things to know

About the company What does Five Star Business Finance do: Five Star Business Finance is a non-banking finance company that provides business loans (62 per cent of gross term loans as of June 2022) and loans for asset creation and meeting expenses such as home renovation, education, marriage, etc. (accounting for 38 per cent of gross term loans as of June 2022). The company targets customers who generate income from cash and carry businesses. These customers are mostly micro-entrepreneurs and self-employed individuals. All of its loans are secured by its borrowers' property. Headquartered in Chennai, the company's network comprises 311 branches across 150 districts (predominantly in south India). Strengths Prudent underwriting: The company is one of the few institutions to ha