Five Star Business Finance is a Chennai based NBFC providing Collateralized Small Business Loans to customers present predominantly in tier-III cities and below. All its loans are collateralised and fully secured against property. The company is promoted by Mr D Lakshmipathy, who joined the Board of the company in 2002, and is currently its Chairman and Managing Director. Under his leadership, over the last 9 years, the company has grown from a branch network of 6 to more than 260 today and from an AUM of Rs 18 Crores to about Rs. 4,400 Crores in this period. The management headed by Rangarajan (CEO) and Srikanth (CFO), have longstanding experience and expertise in the financial services industry.
As at March 31, 2021, the company operated through 262 branches in 8 states, with a borrower base of about 1,60,000 customers and a total portfolio under management of about Rs 4,400 Crores.
Besides TVS Capital, the company is backed by marquee list of investors including KKR, TPG, Norwest Venture Partners and Matrix Partners.