Poonawalla Fincorp Ltd, a leading digital-first, customer-focused, and transparent loan products provider, is one of India’s fastest-growing NBFCs (Non-Banking Financial Companies). Specializing in asset-backed financing, the company provides financing solutions to support small businesses, MSMEs, and contractors across India. For companies and individuals that work in construction, manufacturing, or any other infrastructure projects, Poonawalla Fincorp is the perfect lending platform for quick and smooth financing of machinery and equipment.
Boasting an impressive maximum amount of up to ₹10 Crore, Poonawalla Fincorp has specifically tailored a Machinery Loan to finance the purchase of new or second-hand construction and industrial machinery to meet contractors and business owners’ growing demand. The loan is available at a low-interest rate starting from 9.99% p.a. with a long repayment tenure of up to 72 months, so that customers can plan EMIs based on their project cash flows, whether they want to buy an excavator, loader, batching plant, crane, or any other construction machinery.
Poonawalla Fincorp’s construction equipment loan also becomes more appealing as it does not charge any prepayment or foreclosure fee in case payment is made from your resources. It is a hassle-free loan for machinery borrowing that offers a fully digital 3-stage application process, with seamless approvals and no hidden charges, and with minimum documentation, it ensures the customer a hassle-free experience all the way through the borrowing journey. Poonawalla Fincorp has emerged as the gold standard financial partner of choice for MSMEs, civil contractors, and infrastructure firms looking for fast, flexible, and high-value construction equipment financing.
