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Commercial Equipment Finance


Check your Commercial Equipment Finance Eligibility

  Loan amount you need?

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  Rate of Interest

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  Tenure

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  What is your gross monthly salary?

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  What is your annual bonus incentives?

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  What is your rental income(monthly)?

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  Total Existing EMIs on all loans (Monthly)?

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  Loan amount you need?

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  Tenure

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  Profit Before Tax (Latest Year) ?

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  Depreciation (Latest Year) ?

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  Interest Paid to Bank (Latest Year) ?

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  Director Salary or Partners Salary(Monthly) ?

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  What is your annual turnover?

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  What is your Gross Profit?

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  What is your rental income(monthly)?

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  Total Existing EMIs on all loans (Monthly)?

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  Total Monthly Interest Paid to bank in CCOD Limit ?

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  Loan amount you need?

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  Rate of Interest

%

  Tenure

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  What is your annual receipt?

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  What is your rental income(monthly)?

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  Total Existing EMIs on all loans (Monthly)?

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  Total Monthly Interest Paid to bank in CCOD Limit ?

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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 Ltd