Firstfund is not a lender. Loans come from RBI-regulated banks and NBFCs.
Machinery and equipment loan
Buy, upgrade or repair the machines and equipment your business runs on. Share your business details once and our team will connect you with RBI-regulated lenders.
What it can cover
Add capacity or a new process.
Keep what you have running well.
For clinics, labs and diagnostic centres.
Everything around the machine.
Loan types that fit
Not sure which one you need? Tell us what the money is for and our team will help. Which types you can get depends on the lender and your business.
Finance to buy equipment. The equipment can be the security.
A lump sum for purchase, delivery and installation.
Schemes like CGTMSE help small businesses borrow without collateral, through participating lenders.
Before you borrow
Lenders look at the full cost and how the machine pays for itself.
What lenders look at
Eligibility
Each lender sets its own criteria. Keep these handy; you won’t need to upload them on Firstfund.
Good to know
For MSME term loans, the lender must give you a Key Fact Statement with the APR, every fee and the repayment schedule before you sign. A fee that isn’t in it can’t be charged without your consent.
For floating-rate business loans to individuals and micro and small enterprises, sanctioned or renewed from 1 January 2026, banks and larger NBFCs can’t charge a prepayment fee. Small finance banks, regional rural banks, some co-operative banks and mid-sized NBFCs can’t charge one on such loans up to ₹50 lakh.
Firstfund doesn’t charge you to apply. A real lender pays the loan into your business’s bank account, deducts any processing fee shown in the KFS, and never asks for money upfront.
Based on Reserve Bank of India directions on Key Facts Statements (2024), pre-payment charges (2025) and digital lending (2025). Your lender’s KFS and loan agreement have the final terms.
Questions
Yes, most lenders ask for a quotation or proforma invoice from the seller, with the machine’s details and price.
Some lenders do, usually after a valuation by an approved valuer and for a shorter tenure than a new machine.
For equipment loans, the lender often pays the seller directly against the invoice, and you receive the machine.
No. Sharing your details with Firstfund is free. Lenders may charge a processing fee, which they must show in the Key Fact Statement.
Other uses
Your next step
Share your details once. Our team will connect with you about the next steps.
Free. Firstfund never asks for an upfront payment.