Introduction
Despite the commendable contribution to the Indian economy, the MSME Sector is underserved & starved of financial support. Having worked in the MSME manufacturing space before starting the financing company (EFL), ‘SRP Electronica Group’ faced the same problem that other MSME manufacturers face today. This requirement for timely & appropriate financing, especially in the area of Machinery purchase, prompted the need to set up ‘Electronica Finance Limited’ in order to assist the MSMEs with all their Machinery loan requirements. We at EFL understand how these challenges are overcome & loans are not only sanctioned but disbursed to MSMEs within a period of 7 days.
Features
Machines financed from over 300 Indian as well as Global Suppliers Machines financed from Multiple Industries Loan Tenure: 4-5 Years Loan Amount: 5 Lakh upto 500 Lakh Loan in 7 Days* Doorstep service Flexible schemes for your convenience Machine as Collateral LC Facility
Eligibility
Age *Minimum Age : 21 Years *Maximum Age : 60 Years (at the time of maturity of loan) The company should have been in Business for minimum 3 years
Documentation
Machine PI copy KYC proof *Pan card copy of promoters / directors & guarantor *Address proof (e bill copy) of residence *Business registration copy *Business address proof Last 3 years balance sheet; P&L with audit report 6 months bank statement