Key Highlights
Key insights for a complete overview of our loan offerings
Interest Rate
Starting from 10.50% p.a.
Tenure
Upto 84 months
Processing Fee
Upto 1%
Loan Amount
Upto ₹10 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 or Self Proprietor / Partnership | Companies | Trusts | Societies (Only registered) | Certified Doctor Hospitals | Clinics | Nursing Home | Diagnostic Centre | Pathology lab Center | Speciality Clinics | Pharmaceutical Manufacturer | Educational and Research Institutes.
Business Vintage
2 Years
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.
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.
Health Care Finance
Fuel life-saving advancements and empower your healthcare vision with our tailored equipment financing (up to ₹10 crores). We stand by healthcare providers, assisting rapid access to funds (up to 90% of equipment cost) with low margins and no collateral needed – your dedication is the perfect guarantee. Invest in cutting-edge technology, from diagnostics to treatment. Let our streamlined process handle the paperwork while you focus on your patients. Talk to us today and unleash the power of your vision to transform lives.
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 medical equipment can I finance?
From diagnostic instruments like X-ray machines and MRI scanners to treatment equipment like
lasers and surgical tools, most lenders offer financing for a wide range of medical equipment
used in hospitals, clinics, and private practices. Some might specialize in specific types of
equipment, so research your options based on your needs.
What are the repayment terms?
Repayment terms for medical equipment loans can be flexible, ranging from short-term options
like 12-24 months to longer terms of 5-10 years. The ideal term depends on your budget,
equipment lifespan, and expected return on investment.
What documents do I need?
The required documents typically include:
- Business financial statements, like tax returns and income statements
- Business licenses and permits
- Medical licenses and credentials of the practitioner(s)
- Proof of ownership or agreement for the equipment
- Practice's patient volume and revenue projections.
Additional documents might be requested based on the lender and loan amount.
Can I prepay my medical equipment loan early?
Many lenders allow early loan repayment, but some might charge prepayment penalties. Check
What are the typical credit score requirements for medical equipment loans?
Lenders generally prefer borrowers with good credit scores (ideally above 670) for medical
equipment loans. However, some lenders specialize in financing for startups or practices with
less-than-perfect credit.
Machinery Finance
Elevate your operations: Equipment finance for ambitious entrepreneurs.
Machinery Finance
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Contact us
Take the first step towards financial empowerment - contact us today to explore personalized solutions that suit your needs.
305, Wellington Business Park 2, Marol, Andheri Kurla Road, Mumbai 400059
Office
Age
21-70 Years