Machinery Loan features and benefits

Machinery Loan Features & Benefits

Customer friendly Features & Benefits of online machinery loan

Taking out a loan for machinery can be beneficial for your business expansion goals. With advanced machinery and equipment, you can ramp up your turnover, fulfil on-season and off-season demands, and always be prepared for bulk orders.

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

Benefits of Loan Higher Loan Amounts
We offer Machinery Loans ranging from ₹5 Lakh to ₹5 Crore for purchasing the best-in-class machinery and equipment for your business.
Loan Approval Logo Quick Disbursal
Enjoy speedy disbursal of funds with minimal documentation and upgrade your machinery and equipment to the next level.
loan interest rates logo Attractive Interest Rates
Our competitive interest rates make heavy machinery financing easier than ever. Poonawalla Fincorp’s Machinery Loan can be an ideal choice for upgrading and acquiring equipment for any business.
Document Required Logo Simplified Documentation Process
We only require minimal documentation to fast-track your Machinery Loan application process.
Loan Repayment Logo Flexible Loan Tenure
You can choose your Machinery Loan tenure based on your requirements, ranging from 12 months to 60 months.
Collateral free loan Foreclosure and Part-payment
Flexible foreclosure options.
No Hidden Charges Logo No Hidden Charges
Keeping trust and transparency at the forefront, our loans come with zero hidden charges.
Easy Process logo Easy Online Process
You can begin your loan journey by simply applying online from the comfort of your home or office.

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Machinery Loan FAQ
6 Commonly Asked Machinery Loan Questions with Answers

Upgrading to advanced machinery enhances business growth, especially those who are heavily involved in manufacturing and production. Also, the constant requirement of capital to run a business makes it difficult for an entrepreneur to upgrade to advanced machinery instantly.

Equipment Loan
10 Reasons Why You Should Take an Equipment Loan

With a constant rise in competition, businesses must update themselves with the latest equipment. For any business, having the latest equipment is of utmost priority. It is the key to efficient production, reduced costs, and improved profitability.

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