Equipment Finance

Whether the business is large or small, capital is essential to purchase either equipment and machinery or invest in rapid business expansion. Equipment could be in the form of heavy machinery, vehicles, electronics or general office equipment.

 

SME MaXX links you to the appropriate lender(s) who offer standard financing of equipment and leasing solutions. Customised and structured financial solutions across diversified industries will take care of your business requirement. Target sectors are Information Technology, Healthcare, Chemical, Farm Equiments, etc.

 

Eligibility:

Private and public  firms, listed and unlisted organizations, partnership and sole proprietorship firms with reputable credit ranking and history.

 

Loan Amount: 25% of the cost of equipment / machinery

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Loan Tenure:

60 EMIs Maximum, begining from subsequent month of first disbursement

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Security:

Hypothecation of vehicles / equipment / machinery financed by the lender