Asset Purchase
Pattern

Collateral-free Business Loans for Asset Purchase

By providing equipment finance loans, we allow MSMEs engaged in manufacturing to buy machinery and improve their production capacity and efficiency.

Kinara Capital is an RBI-registered company

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.

  • Tenure

    12 to 60
    months

  • Rates

    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.

Quick process

Fast

Get your loan in 24 hours

Quick process

Flexible

Minimal and flexible documentation process

Quick process

Friendly

Doorstep customer service to help you from start to finish

Grow your business
with our support

Pattern

Purpose of Loans

Increase your business efficiency by purchasing new or second-hand equipment and machinery.

  • New Machine Purchase New Machine Purchase
  • Second-hand Machine Purchase Second-hand Machine Purchase

EMI Calculator

₹1 lakh

₹30 lakhs

6 Months

5 Years

21

30

Approximate Monthly EMI

₹15,000

Loans for all MSMEs

We provide collateral-free business loans to MSMEs across all sectors.

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Trading
Diversify your products, grow your inventory and draw more customers using collateral-free loans.
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Services
Stay competitive and keep your services up to par by utilizing collateral-free business loans.
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Manufacturing
Purchase raw materials and machinery to increase your business efficiency with collateral-free loans.
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
GainUp Designs

“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
Mukund Automats

“Kinara has been the most important factor on our growth and success. Once we got the first loan, we started…

Read Full Story
Karthikeyan AS
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
Vishwanathan
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
Ponnumony Kennedy
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
Pattern

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.

Pattern

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.

Frequently Asked Questions

FAQ

View All
  1. How to apply for an asset purchase loan?

    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.

  2. 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.

  3. 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

  4. 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.