Equipment Loan
If
your business necessitates finance to buy equipment like vehicles or heavy
machinery or to upgrade existing machine to a better version; don’t be
concerned. Start-ups always have a budget constraint. The capital is an
essential component when starting up a business. A unique and innovative
offering by Xyz supports you with the immediate fund. With us, business is no
longer a distant dream. Our experts have years of experience. They would listen
to your business requirement and suggest you the right advice according to your
existing financial status.
Whether
large or small business; purchasing equipment is the major task to start a
venture. Xyz assures quick loan with minimum documentation. It may be availed
by securing the equipment that’s being purchased. This means you do not need to
give the lender any additional collateral. Even if you have a risky credit
profile, don’t panic! We can take care of your restrictions and customize the
loan accordingly. We help you with a quick
fund for utmost efficiency and maximum productivity.
Advantages of Equipment Loan from Xyz
ü Fast approval
ü Competitive interest rate
ü Simple documentation
Documents needed for Equipment Loan
from Xyz
ü KYC documents
ü Business vintage of 3
years
ü Business proof:
Certificate of practice
ü Bank account statement of
last month
ü Proof of residence or
office/ business
Eligibility for Equipment Loan from Xyz
ü You must be at least 25
years old and less than 65 years
ü Your business must be
profitable for 3 consecutive financial years
ü Your turnover needs to
show an upward trend
ü Your balance sheet must be
audited by a registered chartered accountant
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