Kreon Finnancial plans to expand business verticals

In a bid to achieve higher growth rate, Kreon Finnancial Services is looking to drive its business with the new avenues and strategies alongside the current business activities. In this regard, the company is planning to begin lending/Financing for the lease or hire purchase or installment purchase of motorized two wheelers, mopeds, scooters, bikes, motor cycles of all kinds, passenger cars of all kinds, lending/ Financing for consummate, domestic or business purposes, on the prime security of gold, silver jewels and ornaments, and other precious metals and jewels and lending/ Financing for the lease or hire purchase or installment purchase of all agricultural commodities, motorized or non motorized equipments used in agricultural and forming sectors, poultry equipments of all kinds. Further, the company is planning to reach out to the Tier II and Tier III cites with its product portfolio on PAN India basis to leverage with economies of scale.