In advanced manufacturing, where accuracy matters and deadlines are tight, having the right support at the right time can determine whether your business will stay grounded or take flight. Take Selten Aerospace, for example. For the Bengaluru MSME, the goal to serve top aerospace and automobile clients was clear. But like many growing businesses, turning that goal into reality needed more than skill—it needed timely financial support.

A Vision Fueled by Precision:

When Selten Aerospace was established in 2022, the founders had a clear blueprint for success: to build a company that stood out for its technical acumen, manufacturing precision, and consistent quality. As they operated from Bengaluru, which is known for India’s bustling aerospace and tech hub, the company started producing high-precision cable connectors for aerospace and automotive giants.

What started as a modest unit quickly proved its mettle. With meticulous quality control, Selten Aerospace earned the trust of notable clients. Their steady order book and positive word-of-mouth placed them on a fast track toward expansion. But as with many fast-growing MSMEs, the next stage of growth brought its own set of challenges.

Hitting a Capacity Ceiling:

With every new client and repeat order, Selten’s production floor grew busier. Demand was no longer just steady; it was accelerating. At one point, the company was sitting on pending orders worth Rs.12 lakh, with even bigger contracts waiting in the wings. Yet their growth was being held back by a handful of operational bottlenecks. 

Production capacity had hit a limit. Payments from clients were taking 45–60 days to materialize, squeezing cash flows. A small team of six employees was working overtime to meet deadlines. The lack of working capital made it difficult to hire new staff or invest in advanced machinery, both of which were essential to match the scale of upcoming projects.

The company’s business owners knew that the time to act was now. But accessing funds, especially for a first-time machinery loan, proved difficult. The traditional lending route brought with it a flood of paperwork, delays, and inflexible terms. Every day spent waiting for financing was a day of lost opportunity—until a referral changed everything.

The Turning Point For Selten Aerospace:

Introduced to Protium through a trusted contact, the company found an NBFC that understood the unique needs of an MSME at a growth inflection point. The Machinery & Equipment Loan from Protium came with transparent pricing, tailored structuring, and a customer-first approach that made all the difference.

The loan process was fast and frictionless. Protium’s team worked closely with the company’s team to assess their business’s needs, financials, and growth potential. What stood out wasn’t just the speed of disbursal, but the empathy and trust extended to Selten Aerospace as a young, first-time borrower.

Here is what the founders had to add, “We found our journey of procuring business loan from Protium very easy and comfortable. It was a great support during tough times. There was no bias, and we felt valued as customers. This is why we’re happy to continue working with Protium for future financial needs.”

— Owners of Selten Aerospace

Protium’s Impact:

With Protium’s funding, Selten Aerospace was able to acquire the machinery it urgently needed. The impact was swift and game-changing. Production capabilities soared, and the company could finally meet rising demand without overextending its workforce.

Their turnover skyrocketed in just 4–5 months, growing more than 1100%, from Rs 10 lakh to over Rs 1.2 crore annually. Monthly sales tripled, easing operational stress and creating room for profitability. The team expanded from 6 to 15 employees, bringing in new expertise and improving output efficiency. Even the nature of contracts evolved; from modest Rs 5–6 lakh deals to larger Rs 12–30 lakh engagements, opening doors to more prestigious opportunities.

Financing the Future of Indian Manufacturing:

Selten Aerospace’s journey is emblematic of the aspirations and struggles that define India’s MSME ecosystem. Brilliant ideas, skilled execution, and rising demand often collide with one roadblock: access to flexible, timely funding.

Protium’s Machinery and Equipment Loan didn’t just solve a cash flow problem; it empowered a business to believe bigger, act faster, and deliver better. It proved that the right financing partner doesn’t just fund machines, it fuels dreams.

As Selten Aerospace looks to its next chapter, with expanded capacity and a growing workforce, the foundation for long-term success has been laid. At its core, it is a trusted partnership with Protium, one built on a shared belief, mutual respect, and a commitment to making precision-led businesses like Selten thrive.