Butterfly Fintech, a rising player in the digital lending industry, has officially launched its Loan Against Car service. Founded by Shakun Narula, the company’s mission is to make secured lending faster, more transparent, and easily accessible to Indian borrowers.
With consumer demand for flexible and reliable credit options on the rise, Loan Against Car is emerging as a preferred solution for individuals and businesses seeking instant liquidity—without having to part with their vehicles. By leveraging cutting-edge digital processes, Butterfly Fintech ensures quick approvals, transparent terms, and a seamless end-to-end experience.
One of the key benefits of this offering is its ability to address working capital requirements for entrepreneurs, small business owners, and self-employed professionals. Instead of relying solely on unsecured credit lines, borrowers can unlock the value of their vehicles to bridge short-term cash flow gaps, manage operational expenses, or stock up inventory during peak demand cycles.
Additionally, Loan Against Car serves as a catalyst for business expansion. Enterprises can reinvest the unlocked capital to explore new opportunities—whether it’s opening another branch, scaling operations, funding marketing campaigns, or upgrading technology infrastructure—without diluting ownership or seeking external investors.
At the launch, Shakun Narula, Founder of Butterfly Fintech, stated:
“Our goal is to reinvent the borrowing experience by combining technology, transparency, and trust. Loan Against Car is just the beginning—we are committed to building a diverse portfolio of financial solutions to support not just personal borrowing needs but also the growth journeys of Indian businesses.”
This launch highlights the growing role of Fintech's like Butterfly in bridging the gap between traditional lenders and the evolving financial requirements of today’s consumers and enterprises, enabling them to meet immediate needs while planning confidently for the future.