Nowadays it is necessary to upgrade and improve the efficiency of manufacturing unit of business with various types of machinery and equipment in the ever-changing world of client’s product requirement. Machinery loans are availed by any business owner to improve the productivity and efficiency of their business. ShubhBank provides you with best suited machinery loan to purchase the new and automated machinery. The most common type of equipment that are availed by equipment loan are earth moving equipment, CNC machines, industrial machines, medical machines, precision tool cutting equipment etc. We provide you the complete guide of how to " Avail a Machinery Loan " from ShubhBank. CONDITIONS FOR EQUIPMENT LOAN: • You have to show the minimum 2 years of ITR and profitability in the Balance Sheet. • No bad remarks on company of any court case. • CIBIL criteria to be fitted. • The amount borrowed is inclusive of 80 % of the total invoice value which is inclusiv...