Credifin Limited has launched a new product called EV Startup Loans aimed at promoting entrepreneurship in the electric vehicle (EV) business sector.
The EV Startup Loans will provide loans up to Rs. Fifty Lakhs to individuals or companies looking to start a dealership or an electric vehicle-related business.
Credifin aims to support 1000 EV Entrepreneurs in the next 2-3 years by offering financing and tie-ups with manufacturers for setting up new dealerships.
The company will provide end-to-end solutions to entrepreneurs including assistance in setting up the business, dealership, acquiring vehicles, and navigating local regulations.