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Machinery & Equipment Finance

Products

Machinery & Equipment Finance

Overview

This specialized financial solution is designed to support MSMEs in acquiring or upgrading essential machinery and equipment thereby ensuring that the existing working capital lines are not compromised. By availing this facility, MSMEs can enhance operational efficiency and productivity by leveraging state-of-the-art technology.

We have strengthened our relationships with over 100 Original Equipment Manufacturers (OEMs) across these sectors. Expanding our offerings from the initial 23 prime branches, we now provide Machinery & Equipment Finance services through the entire UGRO branch network across India.

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Up to INR 3 Crs

Loan Amount

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No additional collateral required

Product Segments for Equipment Finance

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Machine Tool (CNC, VNC, VMC Lathe Machines)
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Solar (Rooftop Solar Panels)
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Printing Machines (Offset and Digital Printing)
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Packaging Machine (Capping, Labelling, Wrapping)
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Genset (Control Panel, Coiling Systems)
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Medical Equipment (Imaging, Laboratory)
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Light Engineering (Forming Components, Forgings and Fasteners)
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Plastic Machines (Injection Moulding Machine)
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Textiles

Product Specifications

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Loan up to Rs 3 Crs

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Tenor up to 60 Months

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Competitive Rate of Interest

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No additional collateral required

Product Benefit

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Unlock 125% of Your Asset Value to buy New Machine & Manage Working Capital

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Ignite your Start-up’s Growth

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Turn Existing Machinery into Cashflow

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Documents Required

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KYC Document

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Business PAN

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Current Address Proof

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UDYAM Certificate

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Business Vintage Proof

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Latest Bank Statement or GST Return (If required)

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Proforma Invoice / Quotation

Machinery & Equipment Loan Process

You can apply for a Machinery & Equipment Loan Process by following these three simple steps:

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Step 1

Click on Apply Now and enter your contact details.

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Step 2

Enter your annual business turnover and other business details.

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Step 3

The application will then proceed for verification and assessment

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