Equipment Financing, Leasing & Loans Services

Equipment Financing, Leasing & Loans

Equipment Financing, Leasing & Loans

Our financing products comprise loans and leases.

  • Equipment Loans Solutions

    Equipment Loans

    We are engaged in lending for the purchase of equipment in the Construction, Mining and allied Equipment (“CME”) (including Used equipment), Tippers, IT and allied equipment, Medical and allied equipment, Farm equipment and Other assets verticals. Our loans have varying tenors depending on the business vertical. Typically, we take security in the form of a charge on the equipment we have financed.

  • Equipment Leasing Services

    Equipment Leasing

    We are also engaged in providing equipment on leases as and when required by our customers across our business verticals. The term of our lease agreements with customers typically range from four to eight years.

  • Our Business Verticals

    Business Vertical
    CME (including used equipment)
    (Finance/lease for procurement of infrastructure equipment including used CME)
    Tippers
    (Finance/lease for procurement of tipper trucks)
    IT and allied equipment
    (Finance/lease for purchase of hardware, software and office equipment)
    Medical and allied equipment
    (Finance/lease for major medical equipment)
    Farm equipment
    (Finance for purchase of major agricultural and farming equipment)
    Other assets
    (Finance/lease of industrial and other non-CME equipment)
  • Construction, Mining, and Allied Equipment

    CME

    We are principally engaged in the business of providing financing for the purchase of infrastructure equipment that is used in the construction, roads, mining, railways, port and other infrastructure sectors. We provide financing for a wide range of CME including earthmoving equipment, MHE, road construction equipment, concreting equipment and material preparation equipment. We also provide leasing solutions to our customers. We have partnered with leading domestic and international OEMs, including JCB, Tata Hitachi, Hyundai, Komatsu, Escorts, Sany and Volvo.

    The tenor of a CME loan typically varies between 36 and 45 months. We typically create a charge on the relevant equipment in our favour as security for the loan.

    Used equipment
    We also provide financing for a wide range of used CME to various Retail and SME customers. The tenor of the loan provided to the customers in this vertical typically varies between 30 to 35 months. We create a charge on the equipment in our favour as security for the loan.

  • Tippers Loan Services

    Tippers

    We provide financing for all segments of our customers. The tenor of the loan provided to the customers in this vertical typically varies between 35 to 42 months. We create a charge on the equipment in our favour as security for the loan. Our OEM partners in this vertical include Tata Motors, Volvo and Bharat Benz (DICVPL).

  • IT Equipment Loan Services

    IT and allied equipment

    We principally provide financing for the purchase of hardware and software including laptops, servers, scanners, printers and communication equipment (routers, network hubs and modems) to cater to the needs of various institutional and corporate customers. In addition, we also offer financing for the associated implementation costs for the equipment. The tenor of the loan in this vertical typically varies between 50 and 60 months. We also provide leasing solution to our customers.

  • Farm Equipment Loan Solutions

    Farm Equipment

    We provide financing for a wide range of agriculture, farming and allied equipment, including tractors, which are used for sowing, tilling, irrigation and for other agricultural purposes. Our customers in this vertical are contract farmers and tractor owners. Our OEM partners in this vertical include CNH and International Tractors. The tenor of the loan provided to the customers in this vertical typically varies between 50 to 60 months. We create a charge on the related agriculture and farming equipment in our favour as security for the loan.

  • Medical Equipment Leasing Services

    Medical and allied equipment

    In this vertical, we provide financing for the purchase of diagnostics and surgical equipment, including x- ray machines, sonography equipment, CT and MRI scanners. Our typical customers in this vertical range from large hospitals to standalone diagnostic centres in Tier-I and Tier-II cities in India. The tenor of the loan provided to the customers in this vertical typically varies between 50 to 60 months. We create a charge on the related healthcare equipment in our favour as security for the loan. We also provide leasing solution to our customers in this vertical.

  • Financing and Leasing Solutions

    Other Assets

    In this vertical, we primarily provide financing and leasing solutions for a wide range of productive and income generating non-CME assets comprising industrial and other assets. These include industrial assets, renewable energy assets and real estate assets. The tenor of the loan or lease provided to the customers in this vertical varies depending on the asset or the business. We create a charge on the related asset in our favour as security for repayment of the loan or take ownership of the asset and provide it on lease.