Machine Loans help you buy new or used machinery without collaterals in an easy and simple way. You can purchase machines like VMC, CNC, blow molding, injection molding, embroidery machines, printing and wood cutting machines through this loan.
Features of EFL- Machine Loans
Maximum Loan Amount
Up to 75% of equipment value
or Rs. 3Cr (whichever is lower)
1
Loan Term
5 years
2
Interest Rate
Flexible and based on
customer profile
3
Speed of Getting a Loan
Within 7 working days
4
No Collateral Required
No need of additional
collateral
5
Who can get
Benefits
Why choose EFL
How to apply
Industrial & Residential :
How can you improve your chances of getting a Machine Loan?
**Based on past EFL customers. *The above parameters will improve the chances of getting a loan but are not mandatory
Benefits of Machine Loan
Cost will get paid from profits generated from the machine
Stress on working capital reduced.