About Commercial Credit and Finance
Commercial Credit and Finance is a company based in Kandy (Sri Lanka) founded in 1982.. Commercial Credit and Finance offers products and services including Fixed Deposit, Educational Loans, Micro Loan, Gold Loan, and Vehicle Leasing. Commercial Credit and Finance operates in a competitive market with competitors including GE Capital, People's Leasing & Finance PLC, KJMC Finserv Group, Alliance Finance and LB Finance, among others.
- Headquarter Kandy, Sri Lanka
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Commercial Credit And Finance Plc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$70 M (USD), Post-IPO
Dec 09, 2016
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Investors
Creation Investments
& 1 more
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Employee Count
Employee Count
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Products & Services of Commercial Credit and Finance
Commercial Credit and Finance offers a comprehensive portfolio of products and services, including Fixed Deposit, Educational Loans, Micro Loan, Gold Loan, and Vehicle Leasing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Savings option providing high interest rates for a fixed period.
Funding for local and foreign higher education needs.
Loans for small business owners to expand operations.
Secured loans against gold for emergency financial needs.
Financing options for vehicle purchase and usage.
Flexible working capital for small and medium enterprises.
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Funding Insights of Commercial Credit and Finance
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $70.0M
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First Round
First Round
(26 Feb 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Post-IPO - Commercial Credit and Finance | Valuation |
investors |
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| Feb, 2014 | Amount | Post-IPO - Commercial Credit and Finance | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Commercial Credit and Finance
Commercial Credit and Finance has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Creation Investments and Group Lease. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Impact investing in emerging markets through private equity and credit services.
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Founded Year | Domain | Location | |
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Motorcycle hire purchase financing is provided by Group Lease in Thailand.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Commercial Credit and Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Commercial Credit and Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Commercial Credit And Finance Comparisons
Competitors of Commercial Credit and Finance
Commercial Credit and Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GE Capital, People's Leasing & Finance PLC, KJMC Finserv Group, Alliance Finance and LB Finance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Commercial aircraft and equipment leasing and lending services are provided.
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| domain | founded_year | HQ Location |
Motor vehicles financing firm
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| domain | founded_year | HQ Location |
Corporate advisory firm
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| domain | founded_year | HQ Location |
Provider of personal, gold, equipment, and other loan services
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| domain | founded_year | HQ Location |
Diverse financial services including leasing, loans, and savings are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Commercial Credit And Finance
Frequently Asked Questions about Commercial Credit and Finance
When was Commercial Credit and Finance founded?
Commercial Credit and Finance was founded in 1982 and raised its 1st funding round 32 years after it was founded.
Where is Commercial Credit and Finance located?
Commercial Credit and Finance is headquartered in Kandy, Sri Lanka. It is registered at Kandy, Central Province, Sri Lanka.
Who is the current CEO of Commercial Credit and Finance?
RS Egodage is the current CEO of Commercial Credit and Finance.
What does Commercial Credit and Finance do?
Established in 1982, Commercial Credit and Finance operates as a diversified non-banking financial institution based in Kandy, Sri Lanka. Term loans, financing, and leasing services are extended for commercial vehicles, agricultural equipment, and special-purpose vehicles. All operations are conducted within Sri Lanka, targeting sectors such as transportation and agriculture.
Who are the top competitors of Commercial Credit and Finance?
Commercial Credit and Finance's top competitors include GE Capital, People's Leasing & Finance PLC and KJMC Finserv Group.
What products or services does Commercial Credit and Finance offer?
Commercial Credit and Finance offers Fixed Deposit, Educational Loans, Micro Loan, Gold Loan, and 2 more products and services.
Who are Commercial Credit and Finance's investors?
Commercial Credit and Finance has 2 investors. Key investors include Creation Investments, and Group Lease.