Machinery Loan Features & Benefits

Business Expansion is one of the primary goals for any business looking to increase its profit. With Poonawalla Fincorp’s Machinery Loan, you can avail loan amount up to 5 Crore to get that additional finance boost without hindering the current company’s finances. Machinery Loan helps to acquire all the advanced machinery and equipment. With advanced machinery and equipment, you can ramp up your turnover, fulfil on-season and off-season demands, and always be prepared for any emergency.

Poonawalla Fincorp offers Machinery Loans for MSMEs, SMEs, and businesses with attractive features and benefits, enabling businesses to leverage heavy machinery financing in the best way.

	Higher Loan Amount The required loan amount can vary depending on the business size and financial condition. As an aspiring entrepreneur, you always want your business to be profitable. With higher loan amounts ranging from ₹5 Lakh to ₹5 Crore, you can purchase the best-in-class machinery and equipment for your business.
	Quick Disbursal With Poonawalla Fincorp’s Machinery Loan, you can enjoy speedy disbursal of funds with minimal documentation and upgrade your machinery and equipment to the next level within no time.
	Attractive Interest Rates Our competitive interest rates make heavy machinery financing convenient for every business entrepreneur who is looking for rapid growth. Poonawalla Fincorp’s Machinery Loan can be an ideal choice for upgrading and acquiring equipment for any business.
	Simplified Documentation Process A simplified documentation process makes it easier for the borrower to collect and submit the documents without stressing out on heavy documentation. We only require minimal documentation to fast-track your Machinery Loan application process.
	Flexible Loan Tenure Flexible Loan tenure helps you plan your repayment according to your finances. You can choose your Machinery Loan tenure based on your requirements, ranging from 12 months to 60 months.
	Foreclosure and Part-payment With Poonawalla Fincorp’s Machinery Loan, you can enjoy the flexible foreclosure options allowing you to close the before the loan tenure.
	No Hidden Charges We believe in maintaining transpancy at every loan process. Keeping trust and transparency at the forefront, Poonawalla Fincorp’s Machinery Loan come with zero hidden charges.
	Easy Online Process Our easy online process makes conivent for you to begin your loan journey by simply applying online from the comfort of your home or office.

You can apply for a Poonawalla Fincorp’s Machinery Loan by following the below simple steps: