MSME-Business Loans

Construction Equipment Loans

Construction Equipment Loans

At Bank Loans Hub, we understand borrower requirements and will provide Loan Information and tailor-made solutions about Construction Equipment and Machinery, which will help you get the right lender as well as loan products.

Bank Loans Hub recognizes that infrastructure, construction, mining, and allied units, as well as processing companies, play a vital role in Indian infrastructure growth. We understand the financial requirements of these sectors and provide a complete range of construction, infrastructure equipment, and machinery financing solutions in terms of new asset finance, used machinery finance, refinance, working capital / term loans, top-up loans, structured finance, B.G., L.C / F.L.C for imported machines, lease & hire purchase mode of finance—completely tailor-made solutions to meet the different needs of these borrowers.

Types of Equipment Finance

  • New Equipment Loans
  • Used Construction Equipment Loans
  • Refinance / Balance Take-over
  • Top-up Loans on Construction Equipment Finance
  • Term Loans, Fund Based & Non-Fund Limits

Documents Required for Verification and Processing

Required Documents

Required Equipment & Machinery Details
  • Proforma Invoice / Quotations of proposed Equipment Project cost information
Business Proof Documents
  • Certificate of Incorporation Certificate of Registration Memorandum of Association Articles of Association GST Registration Certificate/ Trade License
  • Certified Copy of Registered Partnership Deed or Sole Proprietorship Declaration.
ITRs / Income Proof
  • Last 3 years IT Returns and Computations. Audited Balance Sheets
  • Last 12 months GST Returns Copies
Bank statements
  • Last 12 months Bank Statement.
KYC Documents Directors / Partners
  • Copy of Pan / Aadhar /Passport /Voter Id/Driving License.
Existing Loans sanction letters
  • Sanction Letters of Existing Loans and balance outstanding as on the day.
  • Existing loans Repayment Statements / track record
Other Documents Required
  • Certified Work Order/ Confirmed Contracts in hand
  • Work In Hand for "Contractor"
  • List of Assets for "Plant Hirers"
  • Previous equipment ownership proofs & finance details

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