Medical Equipment Loan
MEDI LOAN finances all types of Brands, Models of New and Refurbished Medical equipments which are electrically and electronic operated in field of Radiology, Surgery, Neurology, IVF, Gynecology, Orthopedic, Ophthalmology, ENT, Cardiology, Anesthesia, Critical care, Dermatology, Gastroenterology, Urology, Pathology, Dental etc.
Merits of Equipment Loan:
- No Collateral-required.
- Funding support for new projects.
- Financing for multiple equipment and brands under a single loan.
- Phase-wise funding options available.
- Refinancing available for high-value equipment.
- Funding up to 90% of the equipment's value.
- Loan tenure ranging from 6 to 84 months.
- Moratorium period of up to 12 months for high-value equipment.
Merits of REFINANCE:
We provide finance on lien-free equipment, where the equipment serves as collateral for the loan. Refinance is a financial tool used to convert long-term assets into cash or liquidity. The primary purpose of refinancing is to raise significant working capital for business needs.
Document List for Medical Equipment Loan:
Preliminary Documents
- Aadhaar card, PAN card, KMC, and KPME.
- Latest year’s ITR and financial statements.
- Bank statements for the last 6 months.
- MOA and AOA (for Private Limited Companies).
- Partnership deed (for Partnership Firms).
- Proforma invoice for the proposed equipment.
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