Machinery & Equipment loan are available to SME / Corporate businesses to fund the purchase of Machinery & Equipment to companies.

Machinery & Equipment Loan are without any collateral security other than machinery.

Features & Benefits &:

• 1) Banks / Financial institutions are available for the purchase of Machinery & Equipment.
• 2) Machinery Loan is disbursed in the form of a Term Loan repaid in EMIs.
• 3) Machinery Loan interest rates are in between 12%-16%.
• 4) The Loan Tenure from 12 months to 60 months.
• 5) Minimum age of 21 years and maximum age of 65 years
• 6) Minimum 3 years of business vintage and 2 years in same line of business.
• 7) The business should be profit making for at least last 2 years & financial should be audited available.

• 1) Sole proprietorships
• 2) Self employed Professionals
• 3) Partnerships Firm
• 4) Private Limited Companies
• 5) Limited Companies