Testimonials

SMC has offices throughout India, so we can reach clients efficiently practically anywhere.
Our personalized service and streamlined documentation gets your product to you faster.

Mr. Arvind Pal

Testimonials

SMC has offices throughout India, so we can reach clients efficiently practically anywhere.
Our personalized service and streamlined documentation gets your product to you faster.

Mr. Arvind Pal

Home > Equipment Finance

Equipment Finance

Riding on the customer success in the MEQ Financing, Moneywise is ready to spread its wings in the other asset classes of Asset Backed Finance which include standard equipment from Non MEQ Industries. We are looking to tie up with various OEMs, Suppliers and Dealers in the following industry to partner with us and work out compelling solutions for their end clients.

FEATURES

Term Loan for purchasing of new and refurbished equipments.
Collateral free loans where the assets funded are the primary collateral.
Loan to value of up to 85% of the Asset Cost.
Higher loan tenure of upto 84 months.

BENEFITS

Unique finance
Flexible tenure options.
Easy process.
Minimum documentation.
Quick turnaround time.

For more information
please write to us at
response@smcfinance.com

ELIGIBILITY
SERVICE CHARGES
DOCUMENTATION
TERMS & CONDITIONS
FAQS

Eligibility of Equipment Finance
- Entities
- Proprietorship
- Partnerships
- Limited liability Partnerships
- Private Limited Company
- Limited Company
- Societies and Trusts

1st April 2025

KYC Documents

Two years income tax returns with computation of income, audited balance sheets and profit & loss accountList of owned EquipmentsSix months bank statementsRelevant Business Experience

List of documents required for Proprietorship

KYC documents of promoter and co-applicants
PAN Card
Last 2 years financial with audit report
Last 6 months bank statement of all bank accounts
Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
Proforma invoice of machinery, in case of plant & machinery loans

Note: Original documents are required for verification purpose only.

List of documents required for Partnership Firms

Registered partnership deed
KYC of partners
PAN Card of firm and partners
Last 2 years financials with audit report
Last 6 months bank statement of all bank accounts
Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
Proforma invoice of equipment

Note: Original documents are required for verification purpose only.

List of documents required for Companies

Memorandum of Association (MOA) / Articles of Association (AOA)
Latest shareholding pattern
KYC of Directors
PAN Card of the entity and Directors
Last 2 years financial with audit report
Last 6 months bank statement of all bank accounts
Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
Proforma invoice of machinery, in case of plant and machinery loans

Note: Original documents are required for verification purpose only.

List of documents required for Listed Companies

Memorandum of Association (MOA) / Articles of Association (AOA)
Latest shareholding pattern
KYC of Directors
PAN Card of the entity and Directors
Last 2 years financial with audit report
Last 6 months bank statement of all bank accounts
Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
Proforma invoice of machinery, in case of plant and machinery loans
Declaration that borrower, company or any of its Directors have not been debarred / blacklisted / penalized by any Stock Exchanges / SEBI / RBI.
Declaration that the proposed borrowing is within the limits prescribed u/s 293(1)(d) of the Companies Act, 1956

Note: Original documents are required for verification purpose only.

Coming Soon

For more information
please write to us at
response@smcfinance.com

Home > Equipment Fnance

Equipment Finance

Testimonials

SMC has offices throughout India, so we can reach clients efficiently practically anywhere.
Our personalized service and streamlined documentation gets your product to you faster.

Mr. Arvind Pal

Testimonials

SMC has offices throughout India, so we can reach clients efficiently practically anywhere.
Our personalized service and streamlined documentation gets your product to you faster.

Mr. Arvind Pal

FEATURES

Term Loan for purchasing of new and refurbished equipments.
Collateral free loans where the assets funded are the primary collateral.
Loan to value of up to 85% of the Asset Cost.
Higher loan tenure of upto 84 months.

BENEFITS

Unique finance
Flexible tenure options.
Easy process.
Minimum documentation.
Quick turnaround time.

ELIGIBILITY

Eligibility of Equipment Finance
- Entities
- Proprietorship
- Partnerships
- Limited liability Partnerships
- Private Limited Company
- Limited Company
- Societies and Trusts

SERVICE CHARGES

1st April 2025

DOCUMENTATION

KYC Documents

Two years income tax returns with computation of income, audited balance sheets and profit & loss accountList of owned EquipmentsSix months bank statementsRelevant Business Experience

List of documents required for Proprietorship

KYC documents of promoter and co-applicants
PAN Card
Last 2 years financial with audit report
Last 6 months bank statement of all bank accounts
Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
Proforma invoice of machinery, in case of plant & machinery loans

Note: Original documents are required for verification purpose only.

List of documents required for Partnership Firms

Registered partnership deed
KYC of partners
PAN Card of firm and partners
Last 2 years financials with audit report
Last 6 months bank statement of all bank accounts
Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
Proforma invoice of equipment

Note: Original documents are required for verification purpose only.

List of documents required for Companies

Memorandum of Association (MOA) / Articles of Association (AOA)
Latest shareholding pattern
KYC of Directors
PAN Card of the entity and Directors
Last 2 years financial with audit report
Last 6 months bank statement of all bank accounts
Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
Proforma invoice of machinery, in case of plant and machinery loans

Note: Original documents are required for verification purpose only.

List of documents required for Listed Companies

Memorandum of Association (MOA) / Articles of Association (AOA)
Latest shareholding pattern
KYC of Directors
PAN Card of the entity and Directors
Last 2 years financial with audit report
Last 6 months bank statement of all bank accounts
Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
Proforma invoice of machinery, in case of plant and machinery loans
Declaration that borrower, company or any of its Directors have not been debarred / blacklisted / penalized by any Stock Exchanges / SEBI / RBI.
Declaration that the proposed borrowing is within the limits prescribed u/s 293(1)(d) of the Companies Act, 1956