SME loans are normally used by small and medium enterprises, which are keen on expanding their existing business or need to invest in a new business against the borrowed amount. At MAS Financial Services, we are committed to aid businesses with adequate loans for expansion, procurement of machinery and the like.

Loans for purchase of industrial machinery

  • Loans given for purchase of industrial machinery to small and medium enterprises
  • Ticket size ranges from 2.5 Lakhs to 2 Crores
  • Loan Tenure upto 60 months
  • The interest rate for the product ranges up to 24%.
  • Customised schemes are offered as per requirement of customer
  • Benefits of governments schemes is also provided (if applicable/T&Cs apply)
  • Hassle Free Loans: Quick turn around time, hypothecation of the machine financed
Customer Profile
  • Small and medium sized manufacturers, traders, and service providers engaged in various industries
Minimum Business Vintage
  • 3 years
Property Ownership
  • Ownership of at least 1 property is mandatory
  • Photograph - Latest Color Photograph
  • Identity proof of promoters(Any One) - Voter ID Card / PAN Card / Passport / Driving License / Aadhar Card / Govt. issued document + Photograph / Bank Sign Verification + Photo
  • KYC documents of Firm
  • Income Proof - Sales and purchase bills / ITR / Financials with all schedules of last 3 Years
  • Bank Statement – Last 1 year bank statement of all bank accounts
  • Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
  • Original & Valid quotation of machine to be purchased

*MAS reserves the right to ask for additional documents