Blink Finance

A Machinery Loan is a critical tool for business growth, allowing you to acquire high-value assets without depleting your working capital. At Blink Finance, we leverage our partnerships with 50+ Banks and NBFCs to find the most suitable term loan for your specific industrial needs—covering up to 80%–100% of the machinery cost.

• Versatile Funding: Loans for CNC machines, medical equipment, printing presses, textile machinery, and more.

• Flexible Tenure: Repayment options ranging from 3 to 7 years.

• Refinancing: Ability to get liquidity against your existing paid-up machinery.

• Import Finance: Support for LC (Letter of Credit) and buyer’s credit for overseas equipment.

• Business Type: Manufacturers, Engineering Firms, Hospitals/Diagnostic Centers, and Printing Units.

• Business Vintage: Minimum 3 years in the current line of business.

• Financial Health: Positive net worth and stable profit trends in the last 2 years.

• Credit Score: Individual/Promoter CIBIL score of 700+; healthy CMR (Credit Monitoring Report) for existing businesses.

• Registration: Valid Udyam Registration and GST certificate.

• Interest Rate (ROI): 8.50% to 11.00% p.a. (Reducing balance).

• Processing Fee: 0.50% to 1.50% of the loan amount.

• Funding Amount: From ₹10 Lakhs to ₹50+ Crores.

• LTV (Loan to Value): Up to 80%–90% of the invoice value.

• KYC: PAN & Aadhaar of all Directors/Partners; Business Incorporation Certificate.

• Financials: Last 3 years' Audited Balance Sheets, P&L, and Audit Reports.

• Banking: Last 12 months' bank statements for all active operative accounts.

• Taxation: GST returns for the current financial year and the latest Income Tax Returns (ITR).

• Technical: Proforma Invoice (Quotation) of the machinery to be purchased.

• Property: Electricity bill of the factory/office premises and a copy of the rent agreement/ownership proof.