Machinery Loan

Indeed, we provide loans for both new and pre-owned machinery. For pre-owned equipment, it is required that the machinery is under 10 years old and in satisfactory working order. The interest rate may fluctuate depending on the age and condition of the equipment.

We provide financing of up to 90% for new machinery and between 75% to 80% for used equipment, contingent upon the type, condition, and your business profile. You are required to arrange the margin money, which ranges from 10% to 25%.

Indeed, the equipment acquired via the loan is generally pledged to the lender as the main form of security. The pledge is lifted once the loan has been completely repaid.

We provide financing for a wide range of industrial and commercial machinery, which encompasses manufacturing equipment, construction machinery, printing machines, medical equipment, agricultural machinery, IT hardware, and additional items across diverse industries.

With all necessary documentation and business information, the approval process for machinery loans generally requires 48 to 72 hours. Following approval, the funds are transferred directly to the equipment supplier within a timeframe of 2 to 3 business days.