Asset Finance and leasing

Asset Finance , Leasing & Loans

Our business verticals comprise of loans and leases.


Asset Loans

We are engaged in lending for the purchase of equipment in Construction, Mining and allied Equipment (“CME”) (including Used equipment), Tippers, IT and allied equipment, Medical and allied equipment, Farm equipment and Other assets verticals. Our loans have varying tenors depending on the business vertical. Typically, we take security in the form of a charge on the equipment we have financed.

Asset Leasing

We are also engaged in providing equipment on lease as and when required by our customers across our business verticals.

Business Vertical

CME (including used equipment) Tippers IT and allied equipment
(Finance/lease for procurement of infrastructure equipment including used CME) (Finance/lease for procurement of tipper trucks) (Finance/lease for purchase of hardware, software and office equipment)
Medical and allied equipment Farm equipment Other assets
(Finance/lease for major medical equipment) (Finance for purchase of major agricultural and farming equipment) (Finance/lease of industrial and other non-CME equipment)

Construction and Mining Equipment

We are primarily engaged in the business of providing financing for the purchase of infrastructure equipment that is used in the construction, roads, mining, railways, port and other infrastructure sectors. We provide financing for a wide range of CME including earthmoving equipment, MHE, road construction equipment, concreting equipment and material preparation equipment. We also provide leasing solutions to our customers. We have partnered with leading domestic and international OEMs, including JCB, Tata Hitachi, Hyundai, Komatsu, Escorts, Sany and Volvo.

The tenure of a CME loan usually varies between 36 and 45 months. We usually create a charge on the relevant equipment in our favour as security for the loan.

Used equipment
We also provide financing for a wide range of used equipment to various retail and SME customers. The tenure of CME loans usually vary between 30-35 months. We create a charge on the equipment in our favour as security for the loan.

Tippers

The tenor of the loan provided to the customers in this vertical usually varies between 35 to 42 months. We create a charge on the equipment in our favour as security for the loan. Our OEM partners in this vertical include Tata Motors, Volvo and Bharat Benz (DICVPL).

IT and Allied Equipment

We provide financing for the purchase of hardware and software including laptops, servers, scanners, printers and communication equipment (routers, network hubs and modems) to cater to the needs of various institutional and corporate customers. In addition, we also offer financing for the associated implementation costs for the equipment. The tenor of the loan in this vertical usually varies between 50 and 60 months. We also provide leasing solution to our customers.

Medical and Allied Equipment

We provide financing for the purchase of diagnostics and surgical equipment, including x- ray machines, sonography equipment, CT and MRI scanners. Our typical customers in this vertical range from large hospitals to standalone diagnostic centers in Tier-I and Tier-II cities in India. The tenor of the loan provided to the customers in this vertical usually varies between 50 to 60 months. We create a charge on the related healthcare equipment in our favour as security for the loan. We also provide leasing solution to our customers in this vertical.

Farm Equipment

We provide financing for a wide range of agriculture, farming and allied equipment, including tractors, which are used for sowing, tilling, irrigation and for other agricultural purposes. Our customers in this vertical are contract farmers and tractor owners. Our OEM partners in this vertical include CNH and International Tractors. The tenor of the loan provided to the customers in this vertical usually varies between 50 to 60 months. We create a charge on the related agriculture and farming equipment in our favour as security for the loan.

Other Assets

In this vertical, we also provide financing and leasing solutions for a wide range of productive and income generating non-CME assets comprising industrial and other assets. These include industrial assets, renewable energy assets and real estate assets. The tenor of the loan or lease provided to the customers in this vertical varies depending on the asset or the business. We create a charge on the related asset in our favour as security for repayment of the loan or take ownership of the asset and provide it on lease.