Machine Refinancing for the Medical Devices Company

In the fast-paced medical devices industry, it’s crucial to keep your machines updated and well-maintained. This is where machine refinancing comes in as a helpful financial tool. Essentially, it lets you leverage the value of your current equipment to get the money you need. As a result, you can use this money for various purposes like expanding your operations, buying new equipment, or effectively managing your working capital.

Medical Devices Company Financing Solutions at Terkar Capital

Key Features of Machine Refinancing

get money icon

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

interest rate

The interest rates starting with 9.5% for INR and SIBOR + 300 bps for USD

smooth processing icon

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)

Machine Refinancing Advantages for the Medical Devices Company

Refinancing your machinery can improve cash flow and support medical technology advancements.

  1. Use your machinery as collateral for a loan.
  2. Access funds at competitive interest rates.
  3. Free up capital for business growth.
  4. Flexible repayment options.
  5. Invest in advanced medical equipment to stay competitive.
  6. Refinance multiple loans into a single loan.
  7. Faster approval processes to ensure seamless business continuity.

Let’s Schedule a Call to Arrange Funding for your Medical Devices Company!

Machine Refinancing Eligibility for the Medical Devices Company

Machine refinancing eligibility requirements are streamlined and accessible to most medical device companies.

  1. A minimum operational period of 2-3 years is generally preferred.
  2. Company-owned machinery, no major disputes.
  3. Profitability and steady revenue streams increase eligibility.
  4. Good credit means better loans.
  5. Machines with a good market value are ideal for refinancing.
  6. The business must comply with all necessary regulations.
  7. A consistent repayment record strengthens your application.

Machine Refinancing Documents for the Medical Devices Company

To apply for machine refinancing, the following documents are typically required:

  1. Company incorporation certificate and PAN card
  2. Audited financial statements of the last 2-3 years
  3. Bank statements for the past 6 months
  4. Machinery Quotation
  5. KYC documents of directors/promoters
  6. Business plan detailing the use of funds
  7. Ownership proof of machinery
  8. Existing loan details (if applicable)

Machine Refinancing for the Medical Devices Company at Terkar Capital

At Terkar Capital, we recognize the distinct financial requirements of the medical devices industry. Therefore, we’ve designed our machine refinancing solutions to specifically foster your business’s expansion without straining your cash flow. Moreover, with straightforward processes, and quick approvals, we guarantee that your refinancing experience will be both smooth and advantageous.

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Machine Refinancing FAQs for the Medical Devices Company

Yes, used machinery with a fair market value is eligible for refinancing.

The loan amount typically depends on the machinery's market value and your financial profile.

Yes, the machinery itself serves as collateral.

Yes, subject to lender approval and loan restructuring terms.

Yes, subject to your business's financial capacity and creditworthiness.

Financing the Medical Devices Companies in

Pune / PCMC  |  Mumbai  |  Hyderabad  |  Delhi  |  Bengaluru  |  Chennai  |  Kolkata

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

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+91 8308629820

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

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