The auto component industry is a key player in the automotive sector. As such, it needs advanced machinery to keep up with production. Upgrading or acquiring new machinery is vital for maintaining efficiency, improving product quality, and staying competitive. Therefore, a machinery loan can help businesses invest in high-performance machinery without affecting their daily operations.
Ticket size varies from Rs. 25 lacs to Rs 100 Cr
The interest rates starting with 9.5% for INR and SIBOR + 300 bps for USD
The turnaround time to raise the fund is as low as 3-4 days.
Simple terms and less paperwork
The repayment tenure varies from 3 to 5 years.
(*T&C Applied)
A machinery loan provides financial support for purchasing and upgrading essential equipment, ensuring uninterrupted production and operational growth.
To secure a machinery loan, businesses must meet basic eligibility criteria, ensuring smooth loan approval and disbursal.
Having the right documents ready ensures faster loan processing and approval.
At Terkar Capital, we understand the financial needs of the auto component industry. As a result, our machinery loan solutions are designed to support your business growth, ensuring seamless equipment financing with flexible repayment options. Whether you want to purchase new machinery or refinance existing equipment, we provide structured loan solutions to meet your needs. Overall, our process is fast, hassle-free, and designed to help you focus on business expansion while we take care of the funding.
Collateral requirements depend on the loan amount and lender policies. Some loans may be secured, while others may not require collateral.
Loan disbursal timelines vary, but with proper documentation, funds can be approved within a few days.
Yes, machinery loans can be used for upgrading or replacing existing equipment.
Yes, we provide machinery refinancing solutions to help businesses optimize their loan costs.
Yes, funding is available for both domestic and imported machinery.
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