Industrial Equipment Loan
Looking to finance industrial equipment for your business? Chola offers flexible equipment machinery loan solutions tailored to your needs. Whether you’re purchasing new, used, or refurbished machinery, we provide customized loan and lease options to support your growth.
Industrial Equipment Finance Categories
We provide funding for a wide range of industrial machines and tools, including:
- CNC Machine Tools
- Plastic Processing Equipment
- Printing Machinery
- Electronics Manufacturing Equipment
- Material Handling Equipment
- Accessories and Attachments
Why Choose Chola for Industrial Machinery loan?
- Loans and Lease Financing available
- Finance available for new, used, and refurbished machines
- Competitive interest rates and flexible repayment terms
- Quick approvals with minimal documentation
- End-to-end support from application to disbursement
- Tailored solutions for SMEs, manufacturers and industrial businesses
- Convenient repayment matching business cash flows
Quick Financial Support
Frequently Asked Questions
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What is Industrial Equipment Financing?
Loans/Lease financing solutions for businesses to purchase/lease machinery and equipment essential for their operations. Manufacturers, construction companies, and other industrial enterprises can access these financing options without needing additional collateral.
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What Types of Equipment Can Be Financed?
Chola Finances CNC Equipment & Machine Tools, Plastic and Printing equipment, Accessories for CNC/Plastic/Printing.
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What Are the Benefits of Industrial Equipment Financing?
Some key benefits include conserving cash flow by avoiding large upfront payments, flexible payment terms, and the ability to upgrade to the latest technology without significant financial strain.
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What is the interest rate on your loan facility?
Chola offers Interest Rates suitable to borrower’s cash flows and competitive.
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What is the repayment structure of the loan?
Loans / leases can be repaid in easy instalments.
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What is the minimum and maximum loan repayment period available from Chola Industrial Equipment Finance?
Minimum of 6 months and maximum of 60 months.
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Can Startups Qualify for Industrial Equipment Financing?
Yes, please connect with us for more information.
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How long will it take to process the loan?
With all required documents, 3 working days.
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What are the stages involved in availing a loan?
- Application
- Sanction Processing·
- Sanctioning of the loan
- Documentation
- Disbursement
