Mr. Rahul Agarwal

Mr. Rahul Agarwal

Precitech Forging & Engineering

Background:

We were into trading for the last 15 years. I started the manufacturing business in the year 2011 with just 2 old machines and a turnover of Rs.1.5 Cr.

Electronica Finance Limited Role:

There was lot of challenges faced while running the business, like managing a unit, less orders in the initial days etc. In the beginning there were just 15 to 20 employees working under us but now there are 50 employees. We were in requirement for a machine, and the manufacturer recommended us about Electronica Finance Limited. We took a machine loan from them because the bank was unwilling to lend to a startup company. We are pleased with the service they provide.

Current Situation:

We are completely satisfied and happy with their  service and with their support we will expand our business in the same business line.