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Loan Services

Machinery Loan

Finance new or upgraded machinery without straining your business cash flow.

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Key Features

Why Choose Our Machinery Loan?

Up to 90% of machinery cost financed

New & used equipment covered

Tenure up to 7 years

Sector-specific schemes available

Eligibility Criteria

Who Can Apply?

Business vintage of 1+ years

Valid business registration

CIBIL score of 700 or above

Machinery quotation from a registered supplier

Documents Required

What You'll Need

Business KYC & registration
Machinery quotation/proforma invoice
Financial statements
Bank statements (last 12 months)
Pricing

Interest Rates & Charges

Indicative rates β€” your final rate depends on profile, lender and loan amount.

ParameterDetails
Interest Rate11% – 17% p.a.
Loan Amountβ‚Ή1 Lakh – β‚Ή5 Crore
TenureUp to 7 years
Processing Fee1% – 2%
Benefits

What You Gain With TOPS CAPITAL

Preserves working capital

Flexible EMI structures

Covers manufacturing, textile, printing & more sectors

Fast disbursal directly to supplier

How It Works

Machinery Loan Process

A simple, guided journey from your first inquiry to money in your account.

Submit Inquiry

Share your requirement with us in under 2 minutes.

Free Consultation

Our expert understands your profile and goals.

Document Collection

Doorstep pickup of all required paperwork.

Bank Processing

We coordinate directly with the lender for you.

Loan Approval

Sanction letter issued after successful review.

Amount Disbursed

Funds credited directly to your account.

FAQs

Machinery Loan β€” Frequently Asked Questions

Yes, many of our partner lenders finance used machinery, subject to valuation and remaining useful life assessment.

Typically yes β€” the financed machinery serves as security, which is why rates are often lower than unsecured business loans.

Once approved, funds are often disbursed directly to the equipment supplier within a few days of documentation completion.

Most lenders allow prepayment after a minimum lock-in period, typically with a small foreclosure charge.

Talk to a Machinery Loan Expert

Get a callback within a few hours and a free consultation on your best rate options.

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Quick Loan Inquiry

Ready to get started?

Talk to our loan experts today β€” free consultation, no obligation.