Features & Benefits & ROI
- Banks / Financial institutions are available for the purchase of Machinery & Equipment.
- Machinery Loan is disbursed in the form of a Term Loan repaid in EMIs.
- Machinery Loan interest rates are in between 12%-16%.
- The Loan Tenure from 12 months to 60 months.
- Minimum age of 21 years and maximum age of 65 years
- Minimum 3 years of business vintage and 2 years in same line of business.
- The business should be profit making for at least last 2 years & financial should be audited available.
Machinery & Equipment loans Eligibility Entities
- Sole proprietorships
- Self employed Professionals
- Partnerships Firm
- Private Limited Companies
- Limited Companies