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Getting a loan on your Equipment is Quick
Get a Loan in 3 Simple Steps
Cranemart is India’s largest auto focused lending platform. We can help you avail loan to purchase a used Equipment or new Equipment. We also help you to get a loan against your existing Equipment. Loan against your Equipment helps you get cash in your hand to fulfill any financial need.
The maximum amount of loan you can get is different for different banks. Cranemart can help you avail 100% loan on your used equipment and new equipment purchase. With top up loan, you can get upto 200% loan on your Equipment current market value.
No, you don't need to give collateral. But you will have to hypothecate the equipment in the banks name and an endorsement made in the Registration Certificate (RC) book of the vehicle.
If all documents required are received in order, your process moves smoothly. You need to submit some documents like salary slips, tax returns, proof of residence, bank statements, etc. The processing time takes between 2 to 7 days
Cranemart is the trusted partner of all leading financiers of India. We provide you with the best auto loan services that are quick and hassle-free. With over 10 lending partners, you can compare and choose from different offers from our financier partners. We also provide with door-step assistance to give you great experience.