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Equipment & Machinery Loans Equipment & Machinery Loans

Loans for
Equipment & Machinery
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  • Longer tenure loan, easy repayment
  • No guarantor required

One Stop for all MSME Loans

HFS is here to address the growing needs of the MSME sector through its diversified & customized products. We understand that every business need is unique and so should be our loans.

Loan in 3 easy steps

Step 1 Step 1 Call us at
your doorstep
Step 2 Step 2 Quick loan
approvals
Step 3 Step 3 Get funds in
your account

Check Eligibility

  • GROSS INCOME (MONTHLY)

    10 K
    5 Lacs
  • TENURE (YEARS)

    1 Year
    15 Years
  • OTHER EMIS (MONTHLY)

    0
    1 Lac
  • YOUR LOAN ELIGIBILITY

Smart Business Loan
  • Loans up to ₹ 25 Lakhs
  • Tenure ranging from 12 to 60 months
  • No guarantor/security required
  • Convenience of doorstep service
  • Attractive Rate of Interest
  • Minimum & Hassle-free Documentation
Secured Business Loan
  • Loan up to 2 Crore
  • Loan up to 70% of the market value of the property
  • Longer tenure as per business needs
  • Attractive interest rates
  • Simple and speedy processing
  • Balance transfer facility - Lets you retire your high cost debt

Self-employed (Individuals)

Self-Employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in firms in the Business of Manufacturing, Trading or Services.

Documents required:

  • • Proof of Identity: Passport / Voters ID / Driving License / PAN Card / Aadhar Card / Photo Ration Card
  • • Address Proof: Ration card / Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport
  • • Bank Statements: Latest 6 Months bank statements / 6 months’ bank passbook
  • • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
  • • Business Continuity Proof: Shops and Establishment License / GST Registration Certificate / VAT Returns / Sales Tax Returns
  • • Other Documents: Certified copy of Partnership Deed, Certified copy of MOA / AOA.

Additional Document Required:

  • • Only for secured Business loan - Copy of all property documents

Private Limited Cos and Partnership Firms 

PPrivate Limited Cos and Partnership Firms engaged in the Business of Manufacturing, Trading or Services

Documents required:

  • • ID / Business Continuity Proof: PAN Card / S&E License / Tax Returns / Utility Bill
  • • Address Proof: Utility Bill (Latest 2 months) / Registered Rental Agreement
  • • Bank Statements: Latest 6 Months bank statements / 6 months’ bank passbook
  • • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
  • • Other Documents: Certified copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association

Additional Document Required:

  • • Only for secured Business loan - Copy of all property documents

Self-employed (Professionals)

Self-Employed (Professionals) include self - employed Doctors, Chartered Accountants & Architects.

Documents required:

  • • ID Proof: Passport / Voters ID / Driving License / PAN Card / Aadhar Card / Photo Ration Card
  • • Address Proof: Ration card / Driving License / Voter ID / Utility Bill (Latest 2 months) / Registered Rental Agreement / Passport
  • • Bank Statements: Latest 12 Months bank statements / 12 months’ bank passbook
  • • Latest ITR along with computation of income, B/S & P&L A/c for the last 2 years certified by a CA

Additional Document Required:

  • • Only for secured Business loan - Copy of all property documents

Self-employed (Individuals)

Self-Employed (Individuals) include self-employed - Sole proprietors, Partners & Directors of firms in the Business of Manufacturing, Trading or Services.

  • • Minimum age of Applicant: 21 years
  • • Years in business: Minimum 3 years
  • • Minimum Annual Income: ₹ 1, 00,000/- p.a. for Metro locations & ₹ 75,000 p.a. for Non-Metro locations.

Private Limited Cos and Partnership Firms

Private Limited Cos and Partnership Firms engaged in the Business of Manufacturing, Trading or Services

  • • Years in business: Minimum 3 years
  • • Minimum Annual Income: ₹ 100000/- p.a. for Metro Locations & ₹ 75,000/- p.a. for non-metro locations.
  • • Business must be profit making for the last 2 years

Self-employed (Professionals)

Self-Employed (Professionals) include self - employed Doctors, Chartered Accountants & Architects.

  • • Minimum age of applicant: 21 years
  • • Years in business: Minimum 3 years
  • • Minimum Annual Income: ₹ 1, 00,000 p.a. for Metro locations & ₹ 75,000 p.a. for other locations.