You can check whether you are eligible for a machinery loan or working capital loan loan by taking this 1-minute check. After that, you can apply for a machinery loan for your manufacturing business where our Kinara Loan Officer will get in touch with a confirmation of your loan application and guide you through the rest of the process.
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We support MSMEs in the Services Sector with our collateral-free business loans
Popular Sectors :
- Auto Components
- Food Products
- Home Furnishings
- Machine Components
- Metal Works
- Wood Products
Why choose Kinara Capital?
Get MSME loans from ₹1 lakh to ₹30 lakhs with a digital-first process in your preferred language. We serve 3000+ pincodes and 300+ sectors.
Get your loan in 24 hours
Minimal and flexible documentation process
Doorstep customer service to help you from start to finish
Hear from our Happy Customers
Meet our VikasChampions
With their grit & perseverance, small business owners go on to create local jobs and grow India’s economy. Here’s what they have to say about us!
Sri Padmavathi Enterprises
“Since we got our first loan from Kinara, our business has improved significantly and our turnover has increased to Rs. 15 lakh from just Rs. 1-2 lakhs in 8 months.”Read Full Story
“Kinara supported me when I was in dire need of money to keep my small business afloat. Since then, my turnover has doubled and I’ve hired 4 new employees.”Read Full Story
Vaishnavi and Karthik Babu
“With the loan, we bought an imported machine, which helped us get new buyers and exporters and establish ourselves in our field.”Read Full Story
What you can use our loans for
Working Capital Loans
These collateral-free business loans can be used to ensure the smooth running of your operations and cover various day-to-day expenses like paying salaries and buying raw materials.
- Stock Purchase
- Business Space Renovation
- General Business Expenses
- Market Expansion
- Machine Repair
Asset Purchase Loans
You can use our fast and flexible asset purchase loans to buy machinery, like CNC machines and lathe machines, and improve their production capacity and efficiency.
- New Machine Purchase
- Second-hand Machine Purchase
Loans For Manufacturing Companies
The manufacturing sector in India is as vast as it is varied. There are millions of small businesses that operate within the sector, producing everything from auto parts to toys. But while the needs of different businesses and segments might vary, one thing that holds many small businesses back is lack of capital. This can be remedied through collateral-free business loans for manufacturers, which can help you take your business to the next level by expanding capacity, improving efficiency and seizing opportunities as they arise.
Those who start their own venture in manufacturing often have at least some experience in the sector, and understand the workings of the business. This acumen is crucial in ensuring that their business succeeds. But there is another factor, which can make or break a business: staying competitive. The importance of staying up to speed with latest developments and technology in manufacturing cannot be undermined. Small business entrepreneurs often need access to credit to buy cutting edge machinery and equipment for their business, and this is where unsecured manufacturing finance from Kinara Capital can help
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How do I apply for a loan for a manufacturing business?
What is the documentation process involved?
Kinara offers the flexibility to substitute certain documents for others, subject to availability. The basic requirement is your PAN, and the rest will be explained to you by a Kinara Loan Officer once you apply.
Will my machine be hypothecated if I apply for a machinery loan?
Yes, the machine is hypothecated for the issuance of an asset purchase loan. This means that while the machine will be entirely under your ownership, and Kinara will not collect any ownership documents for it, in case of a default, your machine might be seized.