Strategic business partner of SINGER (Sri Lanka) PLC.
SINGER FINANCE (LANKA) LTD (SFLL), a fully owned subsidiary of SINGER (Sri Lanka) PLC (SSL), was incorporated on 19th April 2004 to carry out finance business within the provisions of the Finance Companies Act No.78 of 1988 as amended by Act No.23 of 1991. SFLL obtained the License from Central Bank of Sri Lanka to carry out Finance Leasing business and licensed as a registered "Finance Company" in terms of section 2 of the Finance Companies Act No.78 of 1988. SFLL is a strategic business partner to SSL in strengthening its Hire Purchase (Easy Payments) business. The key objective of setting up SFLL is adding value to the market leadership of SINGER (Sri Lanka) PLC.
SFLL achieves an exponential growth capitalizing SINGER strength.
SFLL has been achieving an exponential growth in business as well as profitability over last four - year while fulfilling the aspirations of the customers as well as the parent company. The lending portfolio of SFLL consists a number of value additions to the traditional lease and vehicle hire purchase products. Further, SFLL has initiated a big shift by introducing the industry best on-line, real-time repayment channel and networks. SFLL customers can pay monthly lease / loan / hire purchase rentals at any SINGER Plus, SISIL, Modern Homes & SINGER Mega showroom available island-wide in more than 350 locations. SINGER, the best and most powerful brand in Sri Lanka offers the best interest rates in the market for fixed deposits.
SFLL is focusing to become the most trusted finance company in Sri Lanka, capitalizing on SINGER strengths.