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Business finance
Machinery Finance for Business Growth
Finance the machinery your business needs to grow
Upgrade your equipment, increase production capacity and modernize your business with Machinery Finance.
Purchasing new machinery can require significant capital. Machinery Finance helps eligible businesses acquire equipment while preserving working capital for other operational needs.
Loan2Business helps manufacturers and other businesses explore financing for eligible machinery and equipment based on their business profile and proposed purchase.
Benefits of Machinery Finance
- Finance eligible machinery purchases
- Preserve working capital
- Expand production capacity
- Replace outdated equipment
- Improve efficiency and productivity
- Support factory modernization
- Invest in technology without using all available cash reserves
Who Can Apply?
Machinery Finance may be suitable for:
- Manufacturing businesses
- MSMEs
- Engineering companies
- Processing units
- Fabrication businesses
- Packaging businesses
- Food-processing units
- Other eligible industrial enterprises
Lenders may consider business vintage, profitability, turnover, promoter experience, banking history, machinery type and repayment capacity.
Documents usually needed
Not needed to enquire. Lenders may ask for more or fewer, depending on the facility.
Proprietorship
- PAN and Aadhaar of the proprietor
- Business proof: GST registration, Udyam certificate or shop licence
- Bank statements for the last 6–12 months
- Income tax returns and financial statements for the last 2–3 years
Partnership or LLP
- Partnership deed or LLP agreement, and firm PAN
- PAN and Aadhaar of the partners
- GST registration and business address proof
- Bank statements for the last 6–12 months
- Income tax returns and financial statements for the last 2–3 years
Company
- Certificate of incorporation, MoA and AoA, and company PAN
- PAN and Aadhaar of the directors
- GST registration and a board resolution for the borrowing
- Bank statements for the last 6–12 months
- Audited financial statements for the last 2–3 years
Also for Machinery Finance
- Quotation or proforma invoice for the machinery
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FAQs
Questions about Machinery Finance
Can I finance new machinery?
Yes. Financing for new machinery is commonly available subject to equipment and borrower eligibility.
Can used machinery be financed?
Some lenders may finance eligible used machinery subject to age, valuation, condition and lender policy.
Is collateral required?
Requirements vary. Some facilities may primarily rely on the machinery being financed, while others may require additional security.
Can a new manufacturing unit apply?
Financing may be available depending on promoter profile, project viability, contribution, business plan and lender policy.
Can Machinery Finance cover installation costs?
Certain lenders may consider eligible ancillary costs as part of the project, subject to their policies.
Why Loan2Business?
- Multiple finance solutions under one platform
- Solutions for MSMEs, manufacturers, traders and service businesses
- Secured and unsecured lending options
- Working-capital and supply-chain financing
- Assistance with loan documentation and application
- Access to financing options from eligible lenders
Machinery Finance
Upgrade Your Business with the Right Equipment
Invest in machinery without placing unnecessary pressure on your operational cash flow.
Transparent by design
- Fees, where applicable, are disclosed in writing before you proceed.
- We never guarantee approval—final credit decisions and terms remain with the respective lender.
- We never ask for OTPs, passwords or unauthorised payments.
Offices in Mumbai & Pune · Supporting businesses across India
Tell us what you need
A funding specialist will get back to you with options for your business.
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