You can apply for a machine loan online with our 1-min eligibility check. If you are eligible, a Kinara loan officer will get in touch with you as soon as possible to complete the rest of the requirements in your preferred language.
Making Machinery Loans quick & easy
Make use of our Asset Purchase Loans to buy new or second-hand machinery, and improve your business productivity, product quality and increase your turnover.
12 to 60
21% to 30% p.a On a reducing rate basis
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
Grow your business
with our support
Purpose of Loans
Increase your business efficiency by purchasing new or second-hand equipment and machinery.
- New Machine Purchase
- Second-hand Machine Purchase
Loans for all MSMEs
We provide collateral-free business loans to MSMEs across all sectors.
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!
Vaishnavi and Karthik Babu
“With the loan, we bought an imported machine, which helped us get new buyers and exporters and establish ourselves in…Read Full Story
Iswarya and Mohan Babu
“Kinara has been the most important factor on our growth and success. Once we got the first loan, we started…Read Full Story
ASK Three Star Steels
“We got the funding from Kinara to install a powder coating unit. This improved our product and tripled our turnover…Read Full Story
Sri Sai Candles
“Small factories like ours simply can't get a loan from banks. But with Kinara Capital, you don’t even have to…Read Full Story
KVS Engineering Works
“Because I received timely help from Kinara Capital, I was able to deliver my orders on time and keep up…Read Full Story
Machinery loans for MSMEs
Machine loans aid in the purchase of new machinery/equipment and are also known as equipment finance. They can also be used to refurbish, alter, or change existing machinery/equipment. You can also upgrade or fix defective machines or appliances, this will, in turn, increase the quality of the products manufactured. Improved quality will lead to greater customer satisfaction, which will further lead to an increase in orders.
Loan for machinery purchase
With NBFCs like Kinara Capital, taking an Asset Purchase Loan is easy and quick. We offer competitive machinery loan interest rates; require limited documentation; and our average turnaround time is 24-hours. Established MSMEs can avail machinery loan for business and expand their business without providing any collateral.
How to apply for an asset purchase loan?
Why should I apply for an asset purchase loan?
The asset purchase loan is a form of business loan that assists business owners in obtaining the necessary equipment finance to purchase the machinery/equipment needed to streamline their operations and scale up production. Increased production will result in better performance, which will boost sales and revenue.
What are the steps for getting an Asset Purchase Loan?
Step 1: Eligibility Check
Step 2: Personal and Business KYC
Step 3: Income Verification
Step 4: Loan Disbursement
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.