Aris Capital focusses only on transport finance. This is because we have a deep knowledge of transport industry for more than 4 decades through our group company Associated Transport Organization - ATO (I) Limited (www.ato.co.in). We can understand our clients like no one else and look deep inside their business models. We have field knowledge about their routes, their modus operandi, their opportunities and their challenges.
More importantly, we can guide our borrowers through difficult times. and advise them as to which routes to take or where they can find loads to carry. This gives us an innate advantage compared to our competitors.
We consider ourselves to be a key enabler of creating entrepreneurs out of former employees. These are drivers who have worked all their lives transporting goods, and we want to give them the opportunity to become independent. We give our borrowers advice and guidance during tough times to see their strong growth. This way unforeseen circumstances often do not disturb our new entrepreneurs. We are committed to finding honest and hardworking individuals. We want to create an ecosystem for drivers in India, and enable entrepreneurs to become larger entrepreneurs.
We maintain a very strong quality of credit in our system. Every loan applicant goes through a rigorous interview process and our team visits their residence. We carry out reference checks and use our in-house transport expertise to assess their ability.
We look at a range of factors such as income, work experience in current job and previous financial records. It is only when we are absolutely convinced about the applicant’s credit worthiness do we sanction a loan. Even so, in case of default, we use our transport industry links to immediately trace and repossess the vehicle. Thus our credit quality is one of the highest in the industry.
Aris Capital is promoted by the Poddar family of Kolkata, which operates one of India’s largest logistics businesses, Associate Transport Organization (ATO [I] Ltd.). Having a logistics partner that has been in the industry since 1967 with a retail presence in over 600 branches, provides Aris synergistic advantages in terms of marketing, geographic expansion, on the ground support, borrower assessment and asset recovery.
Aris’ management team has global experience in retail finance with industry insights from financial markets like the US. Our board members have led some of the largest corporations in India, and bring invaluable experience to Aris’s growth strategy. We have a diverse set of experience ranging from tech companies such as Google, Microsoft to mining giants such as Hindalco to some of India's largest banking and financial institutions.
Aris is building a financial services company for the 21st century that leverages the advancements in mobile technology to improve customer experience and make operations more efficient. We also use cutting-edge tracking devices that help us monitor borrowers, keep track of our assets and improve our credit algorithms for financing new borrowers and refinancing existing borrowers.
We understand that in the rapidly evolving financial services industry it is important to grow quickly and competitively. We believe in an asset-light expansion model, where we continue to build strategic retail partners in Tier-2 cities and industrial towns to help us expand our local presence and reach more customers in a cost and time efficient way.
Our understanding of our business and focus on developing long term relationships with our customers and partners have allowed us to maintain near 0% NPA levels since we commenced operations.