What is Machinery Loan

With time, your machinery tends to grow older. You might need to replace it or upgrade some parts or buy a new one altogether. Sometimes, doing so might feel like an additional cost. But not anymore!

 

With Clix Capital, you can apply for a collateral-free Machinery Loan. At Clix, YOU decide the repayment tenure at your convenience. If you are a business with a turnover of Rs.1 Crore, you can get a loan from Clix and improve your efficiency without even touching your Working Capital.

Apply Now Form

Eligibility Criteria for Machinery Loans

Documents Required to Apply for a Machinery Loan

Bank statement

  • A bank statement covering the last 6 months will do the job!

Business registration proof

  • This will tell us about your business’s requirements for you to avail the Loan.

Proprietor(s) PAN Card Copy

  • A copy of the proprietor or owner’s PAN Card is needed for verification purposes.

Proprietor(s) Aadhar Card Copy

  • A copy of an Aadhar Card will do.

Partnership Deed Copy

  • A Partnership Deed Copy, if applicable, should be attached for verification as well.

Company PAN Card Copy

  • A copy of your Company’s PAN Card will also be required.

How Do I Apply For A Machinery Loan

Fill the form

Fill out
the application form.
It takes only 3
minutes!

Answer your phone
Have a quick chat with our representative to learn about your Business Loan
Get a Loan From Clix
Sit back and
relax! You are on
your way to secure a
business loan.

How can I apply for a Machinery Loan?

  • Select ‘Business Loan’ on our home page
  • Click on ‘Apply Now’.
  • Enter your phone number
  • Submit the details along with the OTP you’ll receive
  • You’ll get a call from the Clix representative for proceedings

Frequently Asked Questions

Is there any subsidy on machinery loans?

No, there is no subsidy on machinery loans.

Who can avail of Equipment Loans from Clix Capital?

A business with a turnover of Rs.1 crore which is running since the past 3 years, can avail a business loan.

What are the tenure options of equipment loan?

The tenure is between 12-48 months. However, you can also select your tenure as per your convenience.

Are there any hidden costs or charges for a loan application on Clix Capital?

No, there are no hidden charges. We are very transparent.

How do I calculate the EMI amount on the machinery loan?

You can calculate the EMI with our Business loan EMI calculator and plan your finances as per your needs.

Click here and get ready for success

Apply now for simple, fast, and accessible loans for business from Clix.

Apply Now Form
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