Machinery & Equipment
Finance in Pune & Mumbai

Machinery Finance — How It Works

Machinery and equipment finance allows businesses to purchase new or second-hand machinery without paying the full cost upfront. The machinery itself often serves as collateral, which means lower interest rates than unsecured loans.

We help manufacturers, processors, and service businesses in Pune and Mumbai access the most cost-effective machinery financing — be it a term loan, hire purchase, or equipment lease.

Industries We Serve

• Manufacturing — auto components, engineering, plastics
• Food processing and packaging units
• Textile, garment, and fabric manufacturers
• Printing and publishing businesses
• Construction equipment (excavators, mixers, cranes)
• IT hardware and medical equipment
• Agricultural and cold-chain equipment

Documents Required

The following documents are typically required. Our team will prepare a personalised checklist for your specific case.

Eligibility Criteria

• Manufacturing, trading, or service businesses purchasing equipment
• Business vintage of 2+ years (1 year considered with strong financials)
• Annual turnover of ₹20 Lakhs or more
• CIBIL score of 680+ recommended
• Business must have use/need for the specific equipment
• Machinery should be new or not older than 5 years (second-hand)

Why Choose Indi Fin Serv?

• We identify the right lender — some banks specialise in specific industries
• CGTMSE cover available on machinery loans up to ₹5 Cr (no extra collateral)
• Assistance with TUF (Technology Upgradation Fund) subsidy schemes
• We negotiate processing fees and prepayment penalties
• Faster disbursement through direct supplier payment coordination
• Ongoing support for machinery insurance and loan account management