Check your Commercial Equipment Finance Eligibility
Loan amount you need?
Rs.
Rate of Interest
%
Tenure
Years
Months
What is your annual turnover?
What is your annual receipt?
Rs.
What is your rental income(monthly)?
Rs.
Total Existing EMIs on all loans (Monthly)?
Rs.
Total Monthly Interest Paid to bank in CCOD Limit ?
Rs.
Want to Purchase New machinery or Equipment essential for your business? Machinery loan can be used to support new equipment purchase and financing or for maintenance and repair of existing equipment thereby increasing the overall productivity for the business. At BizzCap we assit the MSME units and Corporate to avail loans to purchase machinery and equipments from leading NBFC and Banks without any additional collateral security or property.
Eligibility For Commercial Equipment Finance
• Finance Amount:- Upto 20 Cr.• Interest Rates:- 10% Onwards.
•Collateral:- Equipment Itself
• Prepayment Charges:- Nil
Documents Required For Commercial Equipment Finance
Self Employed
- Filled Application form
- Applicant & Co-Applicant KYC : Pan Card, Aadhar Card, Driving License, Passport, Residence Electricity Bill of Promoter/ Partners/ Directors.
- Proof of Business: PAN for Partnership & Pvt Ltd, Partnership Deed in Case Of Partnership Firms, MOA & AOA with Incorporation Certificate for Pvt Ltd Firm, Shop Act Licence, UAN Certificate, GST Certificate, VAT Certificate, TIN Certificate.
- Proof of Income: IT Returns with Computation of Income , Balance Sheet with Audit Report for last 3 years along certified by CA.
- Banking: Last 12-months bank statement for operative account both professional and business.
- Previous Loan Sanction Letters and 1 Year GSTR3B Challans.
Banks Name | Interest rate | Processing fees |
---|---|---|
Andhra Bank | MCLR Rate + Applicable Bank Rates | 1% + GST |
Bank Of Baroda | MCLR Rate + Applicable Bank Rates | 1% + GST |
Canara Bank | MCLR Rate + Applicable Bank Rates | 1% + GST |
Axis Bank Ltd | 10.50% | 1% + GST |
HDFC Bank Ltd | 9.50% | 1% + GST |
ICICI Bank Ltd | 10% | 1% + GST |
Banks Name | Interest rate | Processing fees |
---|---|---|
Bank Of Baroda | MCLR Rate + Applicable Bank Rates | 1% + GST |
Canara Bank | MCLR Rate + Applicable Bank Rates | 1% + GST |
Edelwisse Finance | 10.50% | 1% + GST |
HeroFincorp | 9.50% | 1% + GST |
Siemens | ||
Electronica Finance |