Equipment Finance
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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 Equipments, etc.
Eligibility:
Private and public firms, listed and unlisted organizations, partnership and sole proprietorship firms with reputable credit ranking and history.
Loan Amount: Up to 90% of the cost of equipment / machinery
Loan Tenure:
Usually 60 EMI , beginning from subsequent month of first disbursement
Security:
Hypothecation of vehicles / equipment / machinery financed by the lender