Key Highlights

Key insights for a complete overview of our loan offerings

Interest Rate

Starting from 9% p.a.

Tenure

Upto 72 months

Processing Fee

Upto 1%

Loan Amount

Upto ₹5 Crores

Eligibility Criteria

At Finfinity, we believe in making financial opportunities accessible to all. Our Eligibility Criteria serve as the gateway to unlocking tailored financial solutions for your unique needs.

Applicant Type

Individual / Proprietor / Partnership firm / Company.

Loan Purpose

Machinery / Equipment / Vehicles for Construction Activities | Loan transfer | Top up.

Begin by selecting from a diverse range of financial products that align with your specific requirements and financial goals.
Applying for a loan with Finfinity is quick and easy. Just click 'Apply Now' and tell us about your needs. No paperwork needed at this stage.

Forget long application forms and confusing processes. At Finfinity, getting a loan is as simple as 1-2-3. Just click 'Apply Now', chat with our representative, and we'll handle the rest.
A friendly RM will be in touch quickly to chat about your needs and help gather any necessary documents. They'll then champion your case for lightning-fast disbursal! We're all about streamlining the process and getting you the funds, you need ASAP.
We're happy to help you wherever you are in India! We have multiple physical locations, conveniently spread across the country, as you can see from the map.

For those outside our physical reach, we're also available digitally pan-India. So, whether you're in bustling Mumbai or serene Srinagar, we're just a click or call away!
Once you submit your Channel registration form, here's what happens next:

1. KYC Checks:

We'll need to verify your identity and business information to comply with regulations. This usually involves submitting official documents like IDs and bank statements.

2. Payout Discussion:

Our team will get in touch to discuss your preferred payout methods and terms. This ensures you receive your earnings conveniently and efficiently.

3. Formal Contract Signing:

Once everything is agreed upon, we'll send you a formal contract to review and sign. This protects both parties and outlines the terms of our partnership.

4. Login Access:

After the contract is signed and KYC cleared, you'll receive your login credentials to access our platform and start logging cases!

Frequently Asked Questions

Unveiling Insights for Your Financial Journey, Answers to all the Most Common Financial Questions.

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Explore All Products

How it Works?

What You Are Looking For?

Begin by selecting from a diverse range of financial products that align with your specific requirements and financial goals.

Application Form

Complete a simple application form by providing essential details. Our team will conduct necessary checks to tailor the best-suited offer for you.

Offers

Explore a selection of specifically curated offers tailored to your unique needs. Choose the one that best fits your financial requirements and preferences.

Request Submission

Once you've made your selection, submit the application along with the required documents. Our streamlined process ensures a hassle-free submission experience.

Apply Now

Construction Equipment

Turn blueprints into concrete reality. Fuel your infrastructure potential and pave the way for comprehensive development. Funding possibilities for first-time users, offering up to 100% financing for new purchases and minimal down payments for used equipment. Need more? Take advantage of top-up and refinance options. Let our expertise become your building block of success.

Apply Now

Other Related Products

Begin by selecting from a diverse range of financial products that align with your specific requirements and financial goals.

What You Are Looking For?

Complete a simple application form by providing essential details. Our team will conduct necessary checks to tailor the best-suited offer for you.

Application Form

Explore a selection of specifically curated offers tailored to your unique needs. Choose the one that best fits your financial requirements and preferences.

Offers

Once you've made your selection, submit the application along with the required documents. Our streamlined process ensures a hassle-free submission experience.

Request Submission

What types of construction equipment can I finance?

Construction equipment loans cover a wide range! From heavy machinery like excavators, cranes, and bulldozers to smaller tools like generators and compressors, you can finance almost any equipment crucial to your operations. Some lenders might specialize in specific types of equipment, so research your options based on your needs.

How much can I borrow?

Loan amounts depend on several factors, including the cost of the equipment, your down payment, and your financial health. Generally, lenders offer up to 80% of the equipment's cost, with minimum down payment requirements varying. Your credit score and business financials also play a role in determining the final loan amount and interest rate.

What are the repayment terms?

Repayment terms for construction equipment loans can be flexible, ranging from short-term options like 12-24 months to longer terms of 5-7 years. The ideal term depends on your budget and the equipment's depreciation rate.

Can a first-time buyer avail construction equipment?

Yes, a first-time buyer can avail construction equipment finance. However, the eligibility criteria may vary depending on the lender's terms and conditions. Some lenders may require the buyer to have a certain amount of experience in the construction industry, while others may not. Additionally, the buyer's credit score and financial stability may also be taken into consideration.

Can I defer my payment through letter of credit for imported construction equipment finance?

Yes, in a scenario where a deferred payment letter of credit is used for imported construction equipment finance, the lender (usually a bank or financial institution) can fund the transaction. It's important to note that the specific rules and regulations regarding deferred payment letters of credit can vary by country and financial institution.