Machinery & Equipment Loans

Upgrade your factory, manufacturing plant, or service unit with state-of-the-art machinery and equipment to boost productivity and efficiency.

₹5L - ₹20Cr

Loan Amount

9.5% - 14%

Interest Rate

15-30 Days

Processing Time

What are Machinery & Equipment Loans?

Machinery and equipment loans are specialized financing solutions designed to help businesses purchase, upgrade, or replace industrial machinery, manufacturing equipment, technology systems, and other capital assets essential for business operations.

These loans enable businesses to modernize their operations, increase production capacity, improve efficiency, and stay competitive in the market without straining their working capital. Whether you're looking to purchase new machinery, upgrade existing equipment, or expand your production capabilities, our equipment financing solutions provide the capital you need.

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% Productivity Boost

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% Equipment Financing

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Years Max Tenure

Modern Machinery

Benefits of Machinery & Equipment Loans

Advantages that make equipment financing essential for business modernization and growth

Increased Productivity

Modern machinery and equipment significantly boost production capacity, efficiency, and output quality, leading to higher revenues and profitability.

Preserve Working Capital

Finance equipment purchases without depleting cash reserves, maintaining healthy working capital for day-to-day operations and growth opportunities.

Tax Benefits

Enjoy depreciation benefits and interest deductions under Income Tax Act, reducing the effective cost of equipment financing significantly.

Quick Processing

Fast-track approval process with minimal documentation and quick disbursement to equipment vendors, ensuring timely project implementation.

Flexible Repayment

Repayment tenure aligned with equipment life and cash flow generation, with options from 2-10 years based on equipment type.

Competitive Edge

Stay ahead of competition with latest technology and equipment, improving product quality and operational efficiency.

Types of Equipment We Finance

Comprehensive financing solutions for diverse industrial and business equipment needs

Manufacturing Equipment

Production and processing machinery

  • CNC Machines & Lathes
  • Injection Molding Machines
  • Printing & Packaging Equipment
  • Textile & Garment Machinery
  • Food Processing Equipment
  • Chemical Processing Plants
  • Assembly Line Equipment
  • Quality Control Instruments
  • Material Handling Systems
  • Industrial Ovens & Furnaces
  • Welding & Cutting Equipment
  • Compressors & Generators

IT & Technology Equipment

Modern technology and digital solutions

  • Servers & Data Centers
  • Computer Systems & Laptops
  • Networking Equipment
  • Software & Licenses
  • Security Systems
  • Telecommunication Equipment
  • Audio Visual Systems
  • Point of Sale Systems
  • Digital Signage
  • Cloud Infrastructure
  • Backup & Storage Systems
  • Office Automation Equipment

Medical Equipment

Healthcare and diagnostic equipment

  • MRI & CT Scan Machines
  • X-Ray Equipment
  • Ultrasound Machines
  • Laboratory Equipment
  • Dental Equipment
  • Surgical Instruments
  • Patient Monitoring Systems
  • Dialysis Machines
  • Ventilators & ICU Equipment
  • Physiotherapy Equipment
  • Ambulances & Mobile Units
  • Hospital Furniture

Commercial Vehicles & Heavy Equipment

Transportation and construction equipment

  • Commercial Trucks & Trailers
  • Construction Equipment
  • Excavators & Bulldozers
  • Cranes & Lifting Equipment
  • Agricultural Machinery
  • Mining Equipment
  • Forklifts & Material Handlers
  • Road Construction Machinery
  • Earth Moving Equipment
  • Concrete Mixers & Pumps
  • Drilling Equipment
  • Fleet Vehicles

Machinery Loan Features & Options

Flexible financing options designed to meet diverse equipment funding requirements

Competitive Interest Rates

Starting from 9.5% per annum with transparent pricing and no hidden charges for equipment financing.

Flexible Tenure

Repayment tenure from 2-10 years based on equipment type and cash flow generation capacity.

High Funding Amount

Finance up to 80-90% of equipment cost with loan amounts ranging from ₹5 lakhs to ₹20 crores.

Equipment Insurance

Comprehensive insurance coverage for equipment protection against damage, theft, and natural calamities.

Vendor Partnerships

Direct partnerships with equipment manufacturers and dealers for better pricing and faster processing.

Equipment Maintenance

Optional maintenance and service packages available through our vendor network for equipment upkeep.

Machinery Loan Eligibility Criteria

Simple and straightforward eligibility requirements for equipment financing

Business Eligibility
  • Business should be operational for minimum 2-3 years
  • Annual turnover of ₹50 lakhs to ₹500+ crores
  • Profitable operations for the last 2 financial years
  • Good credit score (CIBIL 650+ preferred)
  • Registered business entity (Pvt Ltd, LLP, Partnership, Proprietorship)
  • Manufacturing, trading, or service business
Promoter/Director Eligibility
  • Age between 21-65 years
  • Minimum qualification: Graduate preferred
  • Relevant industry experience of 3+ years
  • Good personal credit history
  • No default history with banks/NBFCs
  • Adequate net worth and income stability

Documents Required for Machinery Loans

Comprehensive list of documents needed for quick loan processing

Business Documents
  • Certificate of Incorporation
  • MOA & AOA
  • Partnership Deed (if applicable)
  • GST Registration Certificate
  • Trade License
  • Shop & Establishment License
  • MSME/Udyog Aadhaar Certificate
Financial Documents
  • Last 3 years Audited Financials
  • Last 12 months Bank Statements
  • GST Returns (last 12 months)
  • Income Tax Returns (last 3 years)
  • Management Accounts (if available)
  • Cash Flow Projections
  • Existing Loan Details
Equipment Documents
  • Equipment Quotation/Proforma Invoice
  • Technical Specifications
  • Vendor/Supplier Details
  • Equipment Brochure/Catalog
  • Installation Timeline
  • Warranty & Service Details
  • Insurance Quotation

Machinery Loan Application Process

Simple 6-step process to get your equipment financing approved quickly

1
Application

Submit loan application with basic details

2
Evaluation

Document verification and eligibility assessment

3
Quotation

Equipment quotation and technical evaluation

4
Approval

Loan sanction and terms finalization

5
Documentation

Loan agreement and legal formalities

6
Disbursement

Fund release to equipment vendor

Machinery Loan EMI Calculator

Calculate your monthly EMI and plan your equipment financing

₹20,00,000
12%
5 Years

₹44,489

Monthly EMI

₹6,69,340

Total Interest

₹26,69,340

Total Amount

Apply for Machinery Loan

Frequently Asked Questions

Common queries about machinery and equipment loans

We finance a wide range of equipment including manufacturing machinery, IT equipment, medical devices, construction equipment, printing machines, textile machinery, food processing equipment, and more. The equipment should be new or up to 5 years old.

Loan amounts range from ₹5 lakhs to ₹20 crores, depending on the equipment cost, business profile, and repayment capacity. We typically finance 80-90% of the equipment cost.

Interest rates start from 9.5% per annum and vary based on business profile, credit score, loan amount, and tenure. We help you get the most competitive rates from our banking partners.

With complete documentation, machinery loan approval typically takes 15-30 working days. The timeline may vary based on loan amount, equipment type, and bank's internal processes.

The financed equipment itself serves as primary security. For higher loan amounts, additional collateral like property or other assets may be required. We also offer unsecured options for smaller amounts.

Yes, you can claim depreciation on the equipment and interest paid on the loan as business expenses, reducing your tax liability. Consult your CA for specific tax benefits applicable to your business.

Yes, we finance used equipment that is up to 5 years old, depending on the equipment condition, brand, and remaining useful life. The loan amount and tenure may vary for used equipment.

Most banks allow prepayment of machinery loans with minimal or no prepayment charges. This can help you save on interest costs. We'll help you understand the prepayment terms before loan approval.

Why Choose LoanAssure for Machinery Loans?

Your trusted partner for equipment financing with unmatched expertise and service

Multiple Bank Options

Compare offers from 10+ leading banks and NBFCs to get the best interest rates and terms for your equipment financing.

Expert Consultation

Our experienced loan consultants provide personalized guidance to choose the right equipment financing solution for your business.

Quick Processing

Streamlined documentation and fast-track processing ensure quick loan approvals and timely equipment delivery.

Transparent Process

No hidden charges, transparent pricing, and clear communication throughout the loan application and approval process.

End-to-End Support

Complete assistance from application to disbursement, including documentation help and post-approval support.

Proven Track Record

Successfully helped 150+ businesses secure equipment financing with ₹300+ crores in loan disbursements.

Ready to Upgrade Your Equipment?

Get competitive machinery loans with quick approval. Modernize your business operations and boost productivity with our equipment financing solutions.

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