Machinery Funding

What is Machinery Funding?

Key Features of Machinery Funding

Loan Amount: ₹25 Lakhs to ₹50+ Crores
Up to 80–90% funding of machinery value
Collateral can be the machinery itself or additional assets
Flexible repayment tenure (3 to 7 years)
New or used machinery eligible

Types of Machinery Funded

Who Can Apply?

Manufacturing Units
Engineering & Automotive Firms
Construction Companies
Pharma, Food Processing & Packaging Businesses
SMEs upgrading production capacity

Documents Required

Proforma invoice or vendor quotation
KYC of company & promoters
Audited financials (2–3 years)
Bank statements
GST returns & existing loan details

Why MFS for Machinery Funding?