This specialized financial solution is designed to support MSMEs in acquiring or upgrading essential machinery and equipment thereby ensuring that the existing working capital lines are not compromised. By availing this facility, MSMEs can enhance operational efficiency and productivity by leveraging state-of-the-art technology.
We have strengthened our relationships with over 100 Original Equipment Manufacturers (OEMs) across these sectors. Expanding our offerings from the initial 23 prime branches, we now provide Machinery & Equipment Finance services through the entire UGRO branch network across India.
Loan Amount
No additional collateral required
Loan up to
Rs 3 Crs
Tenor up to
60 Months
Competitive
Rate of Interest
No additional
collateral required
Unlock 125% of Your Asset Value to buy New Machine & Manage Working Capital
Ignite your Start-up’s
Growth
Turn Existing Machinery
into Cashflow
KYC Documentation (Business + Individual)
Udyam Certificate
Bank Statement & GST
Proforma Invoice
You can apply for a Machinery & Equipment Loan Process by following these three simple steps:
Step 1
Click on Apply Now and enter your contact details.
Step 2
Enter Your PAN and other relevant details, and click Apply Now
Step 3
The application will then proceed for verification and assessment
Empowering Your Financial Decisions: Calculate Your Loan EMI Today!
You can apply for a machinery loan by contacting UGRO or applying through the website (Apply Now | U GRO Capital – Business Loan) or by visiting the nearest UGRO Capital branch (Contact Us | U GRO Capital – Sector specific loans to power India’s SME growth).
A machine loan can be used to finance a variety of machinery and equipment, including:
Loan eligibility for a machinery loan is determined based on factors such as the borrower’s creditworthiness, business financials (revenue, profitability), the nature of the machinery being financed etc.
To apply for a machinery loan, you will typically need the following documents depending on Loan amount and type:
Yes, UGRO Capital may offer financing for used or old machinery, subject to certain conditions. The eligibility for financing old machinery depends on factors like the type of machinery, age of the equipment, its working condition , and its current market value .
Yes, UGRO Capital provides loans to both established businesses and new entrepreneurs if the applicant has at least 3 years of relevant experience.