Equipment loan

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Looking to invest in the newest equipment for your business but can’t manage the finances? With Equipment Financing options, you can procure the equipment required to expand and grow your business

flexible Equipment Loan solutions

Power Your Business with the Right Tools & Machines

At Vantage Capital, we understand that the right equipment can drive efficiency, growth, and profits. Whether you’re in manufacturing, healthcare, construction, or any other sector, our Equipment Loan offers the financial support you need to purchase or upgrade machinery and tools — without straining your cash flow.

Features & Benefits of Equipment Loan

High Loan Amount

Get funding up to ₹2 crore or more, depending on your business size and requirement.

Flexible Tenure

Choose repayment terms from 12 to 84 months, based on your cash flow and equipment lifespan.

Finance for New or Used Equipment

Loans available for both brand-new machinery and pre-owned equipment in good condition.

Collateral-Free Options

Unsecured equipment loans available for eligible businesses under select limits.

Quick Disbursal

Get your loan approved and disbursed in as little as 3 to 5 working days.

Wide Industry Coverage

Available for various sectors like manufacturing, construction, medical, textile, agriculture, printing, and more.

Eligibility Criteria for Equipment Loan

Age

Applicant must be between 21 to 60 years at the time of application.

Business Experience

Minimum 1 year of business operations required.
Business should be actively functioning and capable of generating regular income.

Income Criteria

Proof of stable business income required through:
- Bank Statements
- Sales Records
- Financial Reports (P&L, Balance Sheet)

Credit Score

A CIBIL score of 650 or above is preferred for quicker and smoother approval.

Loan Amount

Loan amounts range from ₹1 Lakh to ₹1 Crore, depending on business profile and eligibility.

Rate of Interest

Interest rates between 11.00% to 20.00% per annum, based on financial health and loan tenure.

Loan Tenure

Flexible repayment options from 12 to 84 months (1 to 7 years).

Disbursement Time

Quick disbursal within 3 to 5 working days after approval and document submission.

Documents Requirement for Equipment Loan

Simple, Minimal & Hassle-Free Process

To process your Equipment Loan application smoothly, please keep the following documents ready:

👤 KYC Documents (Identity & Address Proof)

PAN Card of the applicant/firm (Mandatory)
Aadhaar Card / Passport / Voter ID / Driving License
Address Proof (Electricity Bill, Rent Agreement, or Passport)

🏢 Business Proof

GST Registration Certificate
Shop Act License / MSME Certificate / Udyam Registration
Partnership Deed / MOA & AOA (for partnerships and companies)

💼 Financial Documents

Last 6 months’ bank statements (business account)
Latest 2 years’ Income Tax Returns (ITR)
Audited Profit & Loss Account and Balance Sheet (if applicable)

FAQ'S

What is an equipment loan?

An equipment loan is a type of business loan that helps you purchase or upgrade machinery, tools, or equipment required for business operations. You repay the loan in EMIs over a fixed tenure.

Who can apply for an equipment loan?

Any proprietor, partnership firm, private limited company, LLP, or MSME engaged in manufacturing, services, or trading with a stable income and at least 1 year of business operations can apply.

How much loan amount can I get?

Loan amounts range from ₹1 Lakh to ₹1 Crore, depending on your business profile, equipment cost, and repayment capacity.