MYLOANS

PROJECT LOAN / MACHINERY LOAN

Project Loan

Project loan is the financing of long-term infrastructure, industrial projects and public services based upon a non-recourse or limited recourse financial structure, in which project debt and equity used to finance the project are paid back from the cash flow generated by the project.

Machinery Loan

A machinery loan helps you finance the acquisition of machinery and equipment that your business requires in order to continue its operations. It helps you fund the lease or purchase of new machinery, as well as the repair of existing machinery.

Almost all medium and small production enterprises need money to buy the latest machinery for better and greater productivity. So a loan from any reputed bank or NBFC to purchase machinery is called a Machinery Loan.

The companies can plan to purchase latest machinery without straining their business accounts all at the same time and also repay the loan amount without hampering. A machinery loan helps you finance the acquisition of machinery and equipment that your business requires in order to continue its operations. It helps you fund the lease or purchase of new machinery, as well as the repair of existing machinery.