Machinery Loan/Equipment Finance

Machinery/Equipment loan is the secret weapon for propelling the growth of India’s MSME sector. These are vital to India’s economic development, but they often face obstacles due to limited financing. Hence, Terkar Capital machinery loans provide easy access to capital for purchasing industrial machines and medical equipment, bridging the gap and empowering businesses to overcome these challenges.

machinery loan

Key Features of Machinery Loan

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Ticket size varies from Rs. 25 lacs to Rs 100 Cr

interest rate

ROI starting with 9.5% for INR and SIBOR + 300 bps for USD

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The turnaround time to raise the fund is as low as 3-4 days.

Simple paperwork

Simple terms and less paperwork

flexible repayment

The repayment tenure varies from 3 to 5 years.

(*T&C Applied)

Machinery Loans Advantages

It is a strategic investment that offers numerous benefits, including increased productivity, efficiency, product quality, and competitiveness, which can lead to substantial business growth.

  1. Help businesses buy productivity-boosting machinery.
  2. Can be obtained for any sector, e.g., IT, Automobiles, Metallurgy, Construction, Transport, or Manufacturing.
  3. Available without the need for collateral
  4. They are granted for any amount and tenure period as per the requirements.
  5. Acquiring or updating new or used equipment.

Eligibility Criteria for Machinery Loan

  1. Your business must be at least 3 years old, or as required by the financial institution.
  2. A Good CIBIL Score is required for a machinery loan without security.
  3. Company profile – Show your company’s profile, work, vision, product line, clients etc.
  4. Age requirements – Meet age criteria, which may vary by institution.
  5. Financial records – Prove steady cash flow in company accounts.

Documents Required?

To secure apply for a Machinery Loan for MSME businesses in India, the following documents are needed:

  1. Financial Documents (Last three years complete financials, including Saral Page, COI, Balance sheet, Profit and Loss account, Financial Notes etc) – if the unit is 
  2. Owner KYC
  3. Firm KYC 
  4. Proposed machinery Quotation
  5. Proposed machine cash flow.

Please be advised that the financial institution might request additional documents.

How do we execute the machine financing proposal?

Machinery Loan for MSMEs at Terkar Capital

MSMEs are the backbone of India’s economic growth, yet they often encounter significant financial hurdles. That’s where Terkar Capital steps in. With deep expertise in machinery loans and loans for machinery purchase, we help MSMEs access the capital they need to invest in advanced equipment and boost productivity. Our heavy machinery financing solutions are designed to be seamless, enabling businesses to scale efficiently and stay competitive in today’s fast-evolving market.

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Machinery Finance for Industries

At Terkar Capital, we facilitate machine finance to multiple industries. To mention a few here:

FAQs On Machine Loan for Industries

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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Terkar Capital is a registered brand of Terkar Global Financial Development Pvt Ltd, an Investment Banking Firm with a national footprint. We work extensively with professionals and businesses of all sizes to arrange debt funding instruments.

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CIN: U70200PN2023PTC224016

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