Profectus Capital Equipment Loan

 Profectus Capital Equipment Loan is a financing product designed for Small and Medium Enterprises (SMEs) to help them procure machinery and equipment. The loan covers a range of machinery types including CNCs, VMCs, Injection Moulding machines, Medical equipment, and more.

The loan offers an amount of up to Rs. 3 crores with no collateral requirement. It comes with flexible repayment options up to 60 months, and interest rates are competitive. The loan approval is based on cash flow and equipment viability assessments.

 To be eligible, the applicant must operate an SME in the manufacturing or service sector, have a business vintage of at least 3 years, maintain an annual turnover of at least Rs. 1 crore, and demonstrate a satisfactory credit and repayment history.

Required documents include KYC of the applicant and any co-applicant, business registration proof, GST registration certificate, income tax returns and audited financial statements for the past 3 years, bank statements for the past 6 months, and quotation or invoice of the machinery or equipment to be purchased.

The application can be submitted online through the Profectus Capital website or by phone at their customer care number +91-22-4919-4444. Alternatively, you can visit a Profectus Capital branch to submit your application.