Machinery & Equipment Loans
Machinery & Equipment Loans
Financing For Machinery & Equipment Needs
Machinery and equipment loans support the purchase, acquisition, upgrade or replacement of machinery and industrial tools for capacity expansion.
- Financing for new or replacement machinery
- Supports capacity expansion and modernisation
- Terms vary by lender, equipment type and business profile
Suitable Businesses: Suitable for manufacturing, engineering, industrial, construction-related and processing businesses.
Common Use Cases: Common use cases include purchasing new machinery, replacing ageing equipment, and expanding production capacity.
Why This Facility
Key Benefits
How It Works
Application Process
Step
Share Equipment Requirement
Tell us about the machinery or equipment you need to finance.
Step
Submit Your Documents
Provide business and quotation documents for review.
Step
Get Your Financing Decision
Subject to eligibility and applicable lender assessment.
Requirements
Documents & Eligibility
Documents Required
- Business registration documents
- KYC of promoters/directors
- Machinery/equipment quotation or invoice
- Bank statements (recent months)
- Financial statements / ITR
Key Features
- Financing for machinery purchase
- Support for capacity expansion
- Equipment upgrade financing
- Assistance with documentation
- Guidance on eligible lenders
- Application support
Who Can Apply
- Minimum business vintage as per lender
- Adequate turnover as per lender norms
- Satisfactory credit and banking history
- Valid machinery/equipment quotation
Eligibility and terms may vary depending on the lender and applicant/business profile. Terms and approval are subject to applicable credit assessment.
Testimonials
Customers We’ve Supported
Feedback shared by customers we have worked with on financing and advisory needs.
“FinBex provided useful guidance around our business funding requirements and documentation.”
“The advisory support made it easier for us to evaluate suitable financing options for our business.”