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Machinery Loan for MSMEs in Mumbai

Machinery loans in Mumbai are designed to address financial constraints that can hinder growth. Industries can use these loans to secure funds for machinery purchases and upgrades, thereby overcoming financial barriers and improving their operations. Our loan solutions are flexible, allowing businesses to utilize machinery financing for growth. From financing heavy machinery to loans secured by equipment, Mumbai’s industries can leverage these options to support their operations. Additionally, Terkar Capital’s machinery loans offer competitive interest rates and the possibility of acquiring funding without collateral.

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Machine Funding Instruments

Key Features of Machinery Loan

(*T&C Applied)

Machinery Loans Eligibility

Businesses can purchase machinery to boost productivity using these loans.
Manufacturing, Pharmaceuticals, and other industries are among the sectors that can benefit from these loans.
To obtain these loans, collateral is not necessary.
The loans are flexible to meet specific needs, with adjustable amounts and tenure periods.
These loans can finance the acquisition or improvement of both new and used equipment.

Machinery Loan Eligibility

Even if your business is new in Mumbai, you can still apply for a machinery loan.
A Good credit score is important to get a machinery loan without needing collateral.
Company profile – Show your company’s profile, Work, Vision, Product line, Clients etc. Product, Machinery capacity, Cash flow from the machinery.
Co-borrower Age should be between 21-65 years
A Proven steady Cash Flow

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Documents Required for Machinery Loan

The documents required for machinery loans in Mumbai are similar to those required in other cities. However, it’s important to remember that the specific requirements may vary depending on the lender.

Financial Documents (Last 3 years Complete Financials, Including Saral Page, COI, Balance sheet, Profit and Loss account, Financial Notes etc) – if the unit is
Owner KYC
Firm KYC
Proposed machinery Quotation
Proposed machine cash flow

Loan Against Machinery Application Process

Financing machinery can be a straightforward process that can be completed in a few simple steps, provided you meet the eligibility criteria.

1. Know Your Requirements

The first step is to understand what type of machinery you require, what amount you may contribute and what is the requirement of the funds.

2. Check the Eligibility

Having a good credit score is one of the major parts of eligibility if the unit is new and in case you have the existing unit, you may need to check the financial ratios.

3. Put Forth the Proposal

Once you’ve understood the eligibility, submit a proposal for debt funding. This must contain information about your company, the machinery you plan to purchase, the total amount of funds you require, etc.

4. Submit Documents

To consider the proposal in detail, you need to submit the proposal. This should include company / firm KYC, owner/shareholder/partner’s KYC, Financial Documents, GST Returns and machine quotation.

Machinery Loan at Terkar Capital, Mumbai

MSMEs are super important for India’s economy to grow, but getting loans can be a real hassle. That’s where Terkar Capital steps in to help. We specialize in giving machinery loans to businesses in Hyderabad. By offering these loans, we want to help MSMEs in Hyderabad grow and do well so they can succeed and compete in the city’s busy and competitive business scene. Our machinery loans show how committed we are to supporting MSMEs in Hyderabad and helping them reach their full potential.

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How Do We Execute?

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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Client Feedback

What our clients think about us?

B Inamdar

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.

24th Mile

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!

C Sonawane

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.

M Dwivedi

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.

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.

Head Office

Castle Eleganza, 103, Bhonde Colony, Dr.Ketkar Road, Erandwane, Pune – 411004, MH-India

Yes@terkarcapital.com

+91 8308629820

Corporate Office

The Capital, Level 7, B-Wing, Plot C – 70, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051.

Mumbai@terkarcapital.com

+91 7414973455

Branch Offices

Nashik | Nagpur | Chhatrapati Sambhaji Nagar | Hyderabad

Operational Presence

Growing Nationwide…

Terkar Capital

In Association with:

MSME Global Mart | MCCIA

CIN – U70200PN2023PTC224016