Finance machinery with the repayment in view.
Equipment finance helps you buy new or used machinery and repay it from the income it helps generate. Check the loan you would need, the EMI and how your monthly surplus covers it.
Check your machinery & equipment eligibility
Answer a few questions to see an indicative affordability picture. Everything is calculated in your browser — nothing you enter here is sent or stored.
What lenders look at
Lenders look at the machine’s cost and type, your own contribution, business vintage, turnover and existing repayments. The machinery itself is often taken as security, and used equipment usually needs a valuation. Compare the full cost, including processing fees, insurance and any prepayment terms.
Cost & contribution
A larger own contribution reduces the loan and EMI and can make approval easier.
Cash-flow cover
Lenders check whether your monthly surplus comfortably covers all EMIs, including the new one.
Business track record
Operating history, turnover and filed returns help lenders assess repayment capacity.
Asset & supplier
New versus used equipment, the supplier and the asset’s resale value can affect terms.
Documents lenders commonly ask for
- Supplier quotation or proforma invoice
- KYC of the owners, partners or directors
- Business registration and GST certificate
- ITRs and financial statements
- Business bank statements
- Valuation report for used machinery, if asked
A general list — each lender publishes its own requirements and may ask for more. Share documents only through the lender’s official channels.
Before you submit an application
- Get a written quotation that includes taxes, installation and delivery.
- Estimate how much additional income or saving the machine will generate each month.
- Compare tenure against the machine’s useful life.
- Check insurance, warranty and what happens if the equipment is idle.
Want to try other numbers? Use the EMI calculator →
Can I finance used machinery?
Some lenders finance used equipment after a valuation, often for a smaller share of the cost. Ask what valuation and documents they need.
Is the machine itself the security?
Often the equipment is hypothecated to the lender until the loan is repaid; some lenders may ask for additional security.
Should the tenure match the machine’s life?
A tenure within the asset’s useful life avoids still paying for equipment you have had to replace.