Investing in the right machinery is critical for driving efficiency, enhancing productivity, and staying competitive in your industry. At ebiz Consultancy specialize in providing tailored machinery loan solutions to help businesses of all sizes to achieve their goals.
Machinery Loan
Empowering Your Business Growth
What is a Machinery Loan?
A machinery loan is a type of business loan designed to help businesses finance the purchase or upgrade of equipment and machinery. These loans are ideal for manufacturing units, small businesses, and large enterprises looking to modernize operations or expand production capacity.
Features of Our Machinery Loan Services
⁎ Flexible Loan Amounts
⁎ Attractive Interest Rates
⁎ Customizable Tenure
⁎ Quick Disbursal
⁎ Collateral Options
⁎ End-to-End Assistance
FAQS
Who is eligible for a machinery loan?
• Established businesses with at least 2 years of operational history.
• A stable annual turnover and good credit score.
• Individuals like manufacturers, traders, service providers, and professionals.
Can start-ups apply for machinery loans?
Some lenders provide machinery loans to start-ups with robust business plans and revenue projections. Eligibility varies by lender.
What is the maximum amount I can borrow for a machinery loan?
Loan amounts typically range from ₹1 lakh to ₹5 crore or more, depending on the borrower’s eligibility and lender’s policy.
What is the tenure for a machinery loan?
Loan tenures usually range from 1 to 7 years, allowing you to choose a repayment period that suits your business cash flow
Can I get a loan for imported machinery?
Yes, many lenders offer machinery loans for purchasing imported equipment. You may need additional documentation like import licenses and invoices.
