Finequs is a technology-powered Financial Services distribution company, with a presence across India. Founded in 2019 and managed by senior ex-Bankers, Finequs's ambition is to transform the way in which financial services and products are distributed in India. Limitations in existing models of financial services distribution create a situation wherein 90% of India does not have or get access to financial services.
Finequs is poised to change that paradigm by taking financial services to every neighbourhood, through every existing neighbourhood store. Our ambition is to make financial services easily and conveniently accessible to all. Finequs's core business is our technology platform which enables the local Kirana and neighbourhood retail stores to originate and qualify loans and other credit products.
Finequs is focused on enabling easy and convenient access to credit products, for diverse credit segments, which are fulfilled by our 65+ lending partners across India.
Operations Commenced On 2019
Franchise Commenced On 2022
Investment INR 50000 - 2lakh
Franchise/Brand Fee INR 000
Exclusive territorial rights to a unit franchisee Yes
Anticipated percentage return on investment 110 %
Likely pay back period of capital for a Unit Franchise 5-9 Months
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Tamil Nadu
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Pondicherry
Type of property required for this franchise opportunity Commercial
Floor area requirement 100 - 150 Sq.ft
Preferred location of unit franchise outlet Chennai
Detailed operating manuals for franchisees Yes
Franchisee training location Both online & offline
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? 5 Years
Is the term renewable? Yes
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