Northern ARC Capital Limited, established in 1989 and formerly known as Highland Leasing & Finance Private Limited, is a diversified financial services platform in India, focusing on catering to the retail credit needs of underserved households and businesses. The company operates across sectors such as microfinance, MSME finance, vehicle and consumer finance, affordable housing, and agricultural supply chain finance. It facilitates credit flow through three primary channels: Lending, Placements, and Fund Management, enabling access to debt capital markets for financially excluded entities.
The company has pioneered various financial innovations, including India's first pooled multi-originator securitization transaction and persistent securitization transactions. It actively collaborates with Originator Partners, providing loans, non-convertible debentures, securitization, and credit enhancements. Northern ARC also manages funds through its subsidiary and launched digital platforms like AltiFi. In 2023, it further expanded with the launch of the Emerging Corporate Bond Fund and secured substantial equity and debt funding from major banks and international investors, enhancing its market presence and financial capabilities.
