Frequently Asked Questions

COMMERCIAL EQUIPMENT AND VEHICLE LOAN

What is a commercial equipment or vehicle loan?

A commercial equipment loan helps businesses purchase machinery, tools, or other operational equipment. A commercial vehicle loan is used to buy vehicles like trucks, buses, or vans for business or transport purposes.

Can startups apply for commercial equipment or vehicle loans?

Yes, but lenders may require stronger documentation, higher margins, or collateral depending on the business profile and financials.

What is the maximum loan amount I can get?

Loan amounts depend on the value of the asset and borrower profile—usually up to 80–100% of the asset value.