Apply for Machinery Loan at Ease!
Enhance productivity and scale your operations easily! Get the machinery you need without financial strain.
- No Collateral Required
- Quick Approval
- Flexible Terms
Up to 100 Cr
From 9.5 Pa*
Tenure upto 60 Months
Enhance productivity and scale your operations easily! Get the machinery you need without financial strain.
Up to 100 Cr
From 9.5 Pa*
Tenure upto 60 Months
Machinery Loan for MSME Businesses are the secret weapon of India’s economic powerhouse. Unfortunately, these enterprises often face obstacles due to insufficient capital, which hinders their progress. We understand the challenges MSMEs face, particularly the hurdle of limited capital. By offering easy access to financing for machinery purchases, including industrial machines and medical equipment, we empower your business to bridge this gap.
Machinery Loans are more than just funding; they’re a strategic investment that unlocks a multitude of benefits. From increased productivity and efficiency to improved product quality and competitiveness, these loans pave the way for significant growth. Don’t let limited capital hold you back. Let a Machinery Loan be the fuel that propels your MSME to new heights of success.
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)
Refinancing your current machinery can be a powerful tool. With machinery refinancing, you can free up trapped capital currently tied to your existing equipment. This capital infusion can be strategically deployed to fuel business growth initiatives, invest in cutting-edge technologies, or simply improve cash flow.
Our streamlined machinery refinancing solutions are designed to minimize downtime and ensure a smooth transition. We offer competitive rates and flexible terms to tailor a plan that seamlessly integrates with your financial goals.
Machinery loans without security offer MSME businesses a fast and flexible way to finance equipment purchases. This eliminates the risk of compromising your business’s foundation while giving you the power to upgrade and grow. These loans specifically target equipment acquisitions, enhancing productivity and expansion opportunities even for enterprises with limited assets. So, Unleash your potential without putting your assets on the line.
To secure approval for a Machinery Loan for MSME businesses in India, the following documents are needed:
Please be advised that the lending institution might request additional documents.
Provided you meet the eligibility criteria, financing machinery is a relatively straightforward process that can be completed in a few simple steps:
MSMEs play a vital role in India’s growth but face funding challenges. That’s where our expertise in Machinery loans for businesses comes in. A loan against machinery is a term loan that allows MSMEs to purchase state-of-the-art equipment to increase productivity. Hence, we at Terkar Capital, specialize in providing effortless heavy machinery financing in India. It provides small or medium-sized businesses the capital they need to grow and compete.
Machinery Loans can be used for a variety of purposes, depending on the needs of the borrower. Here is the process:
Check your CIBIL score for free.
Yes, Machinery loan facilities can be obtained with or without the need for collateral or assets.
The Machinery Loan interest rate is highly flexible and attractive, starting at 10.5% per annum, subject to financial ratios.
We understand that you need a loan for machinery purchase, to either acquire new equipment or enhance your existing machinery. So, we conduct a financial SWOT analysis of your business and utilize the results to secure the necessary funds for your specific requirements.
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