Construction Equipment Finance

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Construction Equipment Finance

Companies engaged in the business of construction, mining, material handling, and material processing are the key drivers of the Indian infrastructural growth story. However, these companies require significant funding from time to time to maintain their daily operations. A noteworthy amount is required to procure costly construction equipment and heavy machinery.

We at Tata Capital understand the needs of real estate developers and hence, provide construction equipment financing at affordable interest rates. Our construction equipment loan can cater to your widespread requirements, including new asset finance, refinance, working capital demands, top-up loans, letters of credit, and structured finance, among others. Leasing construction equipment is seen as a better alternative to buying, since it gives a chance to deploy construction equipment without having to bear the burden of large cost or long-term investments. Furthermore, leasing is one of the cheapest and best options for construction companies to free up their line of credit.

What is a Construction Equipment Loan?

A construction equipment loan is given to individuals or companies engaged in the business of real estate development or construction. The primary purpose of this loan is to help the borrower acquire costly equipment and heavy machinery required for the construction of buildings and other real estate projects. Tata Capital’s Construction Equipment Financing is one of the affordable and best options for construction companies to procure costly apparatus and free up their line of credit.

Also known as a heavy machinery loan, a construction equipment loan can be used to procure the following machines and equipment:

Excavators
Backhoe Loaders
Graders
Bulldozers
Wheel tractor scrapers
Mixing Plants
Reach Stackers
Forklift Crushers
Trenchers
Tower cranes
Compactors
Pavers
Dump trucks
Boring machines

Features of Construction Equipment Finance

As a real estate developer, you can avail of construction equipment financing from Tata Capital and use it to buy all costly equipment and construction tools for your business. Below are some salient features of our construction equipment loans:

Easy Application Procedure

You can apply for Tata Capital’s Construction Equipment Loan from the convenience of your home or office. All you need to do is visit our website and submit the required documents.

Wide Range of Equipment

We provide construction equipment loans for acquiring a wide range of equipment in real estate construction and material handling industries. Our offerings are tailored to suit all your needs.

Affordable Interest Rates

The interest rates for our heavy machinery loans are highly competitive. Additionally, we won’t charge you any hidden fees to keep your EMIs nominal.

Flexible Repayment Tenures

You can choose to repay your loan at your convenience. Our construction equipment loan tenures are flexible and range between one to five years.

No Need for Additional Security

The interest rates for our heavy machinery loans are highly competitive. Additionally, we won’t charge you any hidden fees to keep your EMIs nominal.

Refinance and Repurchase

You can also opt for our construction equipment loan to purchase or finance used equipment. This way, you can reduce your business expenses considerably.

Advantages of Construction Equipment Loan

Up to 100% Financing

Customized Financing Solutions

Flexible Repayment Options

Easy Eligibility Criteria

Simple Documentation

Instant Approval

Quick Disbursal

Structured Loans

Attractive OEM schemes

CEQ Tatkaal Loans

Who can apply for a Construction Equipment Loan

At Tata Capital, we provide commercial vehicle finance to a wide range of customers, including:

Individuals who need commercial vehicles for their living
Small & Medium sized enterprises (SMEs)
Proprietorship & Partnership Firms
Private & Public Limited companies
First Time Users
Transporters

Captive customers, hirers, contractors, and mine owners can also apply for our construction equipment loans.

Explore our Other Solutions

Term Loans

Tata Capital Term Loans are designed to help you meet all your business requirements and fund your business expansion and growth.

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Working Capital Loans

Also known as a working capital term loan, Tata Capital can help you secure easy and quick funding to meet your business expenses at competitive interest rates.

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Structured Products

At Tata Capital, we provide your business a wide range of customized financing solutions driven by a combination of assets, contracts and underlying cash flows.

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Equipment Finance & Leasing

Tata Capital brings you comprehensive and innovative, solution-oriented asset financing solutions to help you procure the right equipment for your business.

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Construction Equipment Finance

Construction Equipment Finance

What is a Construction Equipment Loan?