The Melstacorp Group has launched Melsta Regal Finance, offering a diverse range of financial products. With a corporate philosophy to “help people realise their aspirations and achieve happiness through financial convenience”, Melsta Regal Finance hopes to be a gateway to achieving the financial dreams and aspirations of its stakeholders.
Speaking at the launch event, Chairman of Melsta Regal Finance, A L Gooneratne said, “you may ask why Melsta Regal Finance was formed as there are 52 Finance companies or more operating in the market today. The market is saturated, that is true. However we felt that Melsta Regal is a necessity because there is a market that still has not been satisfied”.
“Melsta Regal would make a difference because it would provide our customers with a comprehensive financial package,” he stated. “We will cover all aspects of finance. Another reason is that in the era of financial collapse which has been happening overseas and in some instances in this country, there is a lot of confidence that needs to be fulfilled. And we will make the difference because Melsta Corp is a subsidiary of the Distilleries Company of Sri Lanka (DCSL) Group which has been around for 99 years”.
Among the services and products that Melsta Regal Finance offers are finance leasing, hire purchase facilities, trade finances, debt factoring, loan facilities as well as provision for operating fixed deposits and savings accounts. Through these financial products, Melsta Regal Finance hopes to develop an entrepreneurship drive amongst the business community in Sri Lanka. They will work within diverse market groups, including SMEs, large companies and individuals.