What is an MSME Equipment Loan?
An MSME Equipment Loan is a business loan that helps Micro, Small, and Medium Enterprises buy or upgrade machinery and equipment to improve productivity and efficiency. These loans can be secured or unsecured, with amounts ranging from ₹50,000 to several crores and repayment periods of 1–7 years. Interest rates generally range from 8% to 16%. MSMEs can apply by providing basic documents like Udyam registration, financial statements, and equipment quotations. Government schemes such as CGTMSE, PMEGP, and Mudra also offer collateral-free equipment loans to support business growth and expansion.
Purpose
Finance equipment for manufacturing, processing, or services.
Support tech upgrades for quality and productivity.
Promote eco-friendly and advanced machinery.y.
Eligibility
Registered MSMEs (Udyam portal) in manufacturing/services.
Businesses meeting micro, small, or medium criteria.
Units seeking equipment for modernization/expansion.
For CLCSS: Upgrading to advanced, non-identical technolog
Key Benefits
Loans up to ₹1 crore (or more via SIDBI’s SMILE).
Collateral-free up to ₹10 crore under CGTMSE (2025 update).
15% subsidy under CLCSS for tech upgrades (up to ₹1 crore).
Tenures up to 10 years; moratoriums up to 3 years (SIDBI).
Competitive rates; supports green technology.
How to Apply?
For CLCSS: Approach nodal banks (SBI, SIDBI, Canara) with a project plan.
For SIDBI: Apply directly or via lenders with equipment quotes.
Submit Udyam certificate, equipment details, financials.
Inferno Finserv’s Expertise
Inferno Finserv connects you with top lenders for MSME Equipment Loans, ensuring fast approvals and tailored financing. Our expertise helps you modernize with ease.
Why Choose MSME Equipment Loans?
These loans keep MSMEs competitive with cutting-edge technology. Inferno Finserv makes the process smooth, so you can focus on growth.
Get Started Now
Don’t let cash flow hold you back. Reach out to Inferno Finserv today for a quick quote and keep your supply chain strong!
