1. Understanding Client's Requirement
A tailored funding solution based on a thorough evaluation of the client’s business goals and financial requirements.
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Imported Machinery Finance offers competitive financing solutions and streamlined processes to facilitate the procurement of advanced equipment from global suppliers. These tailored financial solutions enable businesses to acquire essential assets without compromising cash flow, boosting production capacity, and strengthening market position through access to the latest technologies.
Financing up to 75% proposed amount, 25% borrower contribution.
SOFR + margin (7-8%) for the first 36 months.
Initial funding is SOFR plus margin, then switches to 12% INR after 3 years, increasing costs.
Loan term of 5 years, but aim for repayment within 3 years
LC or Buyer's Credit Facility, using dollar-based funding
(*T&C Applied)
Acquiring imported machinery is simplified With a Buyer’s Credit Facility. Your overseas vendor receives payment directly from the overseas bank. You, the client, then make payments through a special account (called a Nostro account) set up and managed by your local bank.
We handle the entire transaction and create a convenient EMI payment plan for you. Each EMI payment is placed in a Fixed Deposit, and after 12 months, the total amount is sent to the overseas Nostro account. Plus, the interest earned on these Fixed Deposits goes back to you, lowering your overall financing costs.
To secure funding for imported machinery, businesses must meet specific eligibility criteria. The financial institutions evaluate multiple factors as:
Let’s schedule a brief call to discuss the Machinery Loan for your industry!!
To avail of Imported Machinery Funding, the following documents are needed:
Terkar Capital offers Imported Machinery Finance, enabling businesses to acquire advanced machinery without depleting their valuable capital reserves. Instead of making upfront payments, manufacturers can opt for imported machinery finance and facilitate payments through Letters of Credit (LC) or Buyer’s Credit Facility.
This facility is available for dollar-based funding, making it subject to SOFR (Secured Overnight Financing Rate) + margins. SOFR, a variable exchange rate, fluctuates between 5-5.50%, while domestic bankers typically charge an additional 2% margin to facilitate the transaction. Consequently, the total interest rate ranges between 7-7.50%, making it a cost-effective solution for manufacturers.
1. Understanding Client's Requirement
A tailored funding solution based on a thorough evaluation of the client’s business goals and financial requirements.
2. Analysing the Strengths and Opportunities
Leverage the client's financial and operational strengths to optimize their funding prospects.
3. Documentation
Ensuring meticulous preparation of all necessary documents to facilitate a seamless funding process.
4. Identifying the Right Financial Product
Recommending the most suitable financial product to align with the client’s specific goals and requirements.
5. Soft Approval From Financial Institutions
Securing preliminary approval from financial institutions based on the client's profile and funding needs.
6. Actual Submission of the Documents
Submitting all finalised and verified documents to the financial institution for formal processing.
7. Disbursement
Coordinating with financial institutions to ensure timely release of funds.
8. Funding As Required
Providing funds customised to the client’s operational or expansion needs, ensuring business growth.
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I am extremely pleased with the service I received. The team demonstrated a deep understanding of our business needs and provided practical, actionable insights that made a significant impact. Their professionalism and attention to detail were evident in every aspect of the process. They took the time to listen to our challenges and crafted solutions that were both innovative and effective.
We are very thankful to Terkar Capital for your efforts in arranging facility. Their approach is very simple, professional, and fast! The team is highly responsive that executed the process in short span of time without any hassles. Great work... Thank you!
Thank you Terkar Capital for processing my business loan in just a few working days. Very professional & skilled team. They understood my requirements to a level that were beyond my expectations from any lending company. I strongly recommend Terkar Capital.
I got an unsecured business loan within 7 working days .their specialized experts verfied all the documents and granted me the loan .getting a business loan from terkar capital is the easiest way to get a loan.
Collateral requirements vary based on loan type (secured or unsecured). Some lenders may accept machinery itself as collateral, while others require additional security.
No, typically, financing covers only the machinery cost.
Yes, some lenders offer refinancing options to restructure existing loans for better interest rates and repayment flexibility.
Yes, an import-export (IE) code is typically required to avail of imported machinery finance.
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