Machinery Loans For Startups
Machinery Loan For Startup
Whether it’s an enterprise at the initial stage or one that is growing at a steady rate. Usually, top of the line machinery loan for startup and equipment are the key to better productivity and high sales. They not only help in reducing the requirements of manpower, but they also aid in meeting peak season demand, ensuing greater sales and profits is the success of every enterprise. A business with a insufficient for equipment financing can opt for a machinery loan.
A machinery loan for startup makes the equipment financing much easier and removes any roadblocks in achieving business success.
The following are the features as given below: -
Interest Rates – The machinery loan interest rate comes at competitive rates starting @ just 5.50% per annum.
Loan Amount – We offer a wide range of customized loan options ranging from Rs. 5 lakhs to Rs. 75 lakhs to meet machinery upgrade needs, be it small or big.
Loan Tenure – Our machinery loans can be issued for a tenure that ranges from 12 months (one year) to 36 months (three years).
Customized Product Offering – Our machinery loans offer businesses flexibility and can be customized to meet unique business needs.
No Collateral Needed – Getting a business loan for machinery loan interest rate with Tata Capital is hassle-free as we do not ask for any collateral
Structured EMI Options –We offer businesses the flexibility to choose an EMI option that is best-suited to meet their budget
Easily Qualifying Eligibility – Even if others may say no, we will not. Rather, we will closely work together with you to design a loan that is custom-made for you.