Capital Float Machinery Loan

Capital Float Machinery Loan – Check Interest Rate, Eligibility, Documents, Processing Fee, EMI Calculator, Tenure, Loan Amount, Features

With the continuous development of technology, it has become mandatory for manufacturing enterprises to have the latest equipment and tools, which are important for their daily operation. You can avail good facility by taking machinery loan from capital float machinery loan. If the machine is in good conditions it help us to operate well and improve the productivity and the quality of the products. You do not have to pledge any security to get this funding.

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Capital Float Machinery Loan Interest Rates

Particulars	Details
Rate Of Interest	16% – 24%
Loan Amount	Rs 5 Lacs To Rs 50 Lacs
Tenure	12 Months – 36 Months
Processing Fees	2% Of Loan Amount

Capital Float Machinery Loan Eligibility Criteria

• The machine operational vintage must be minimum 3 years.

• Your minimum business yearly turnover is Rs 1 crore.

• Required scanned paperwork and confirmation of business details for KYC.

• Required compliance with current income tax and GST laws of India.

Capital Float Machinery Loan Features

• You can easily avail loan up to Rs 5 lacs to Rs 50 lacs as per the repayment capacity.

• A capital float machinery loan provides to repay the loan in 12 months to 36 months.

• We have an online application procedure for all our machinery loan.

• As soon as you complete your application on the Capital Float website and submit it, our algorithms and analysts start working and give you a decision in minutes.

• Capital float do not need any kind of collateral, guarantor for the loan process.

• You can take loan with less documents and hassle free process.

• It provides quick disbursement. Business needs are high-priority and the application approval of 72 hours within the disburse the approved loan amount.