What is equipment financing?
2 min read
Equipment financing refers to a credit facility that helps you finance all the equipment and machinery related needs of your business. Using machinery loans you can buy, lease, upgrade or repair equipment quickly.
Some of the benefits of equipment financing from Bajaj Finserv include:
- Loans of up to Rs. 50 lakh with approvals within 24 hours*
- Affordable rate of interest
- Transparent fees and charges
- Collateral-free finance
- Flexi loan facility
To apply for a machinery loan from Bajaj Finserv, you will have to keep the following documents handy:
- KYC documents
- Proof of business ownership
- Income tax returns filed for the last 1 year
- Profit and loss statements and balance sheets of the previous 2 years
*Conditions apply
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