IFSC sector
Finance Company / Unit
A Finance Company (or Finance Unit, when set up as a branch) is IFSCA's non-banking vehicle for lending, leasing, factoring and treasury activity. It is the licence most commonly used for aircraft and ship leasing, global treasury centres and specialised credit businesses.
The flexible non-banking vehicle of GIFT IFSC
Highlights
What stands out
- Core activities: lending, factoring, leasing and investments
- Non-core activities include merchant banking, registrar services and advisory
- Used as the licensing route for aircraft and ship lessors
- Global/Regional Corporate Treasury Centres registered under this framework
Permitted activities
What entities actually do here
- Lending in the form of loans, commitments and guarantees
- Factoring and forfaiting of receivables
- Operating and finance leases, including aircraft and ships
- Treasury and cash-management for group entities
- Equipment leasing and asset management support services
Regulation
How it is governed
IFSCA (Finance Company) Regulations, 2021 and the framework on capital relief and prudential requirements for factoring transactions.
Compiled from official material published by IFSCA, GIFT City, GIFT Gujarat. Figures carry the period stated by the publishing authority. Always verify current requirements before acting.