Medical Equipment Finance
Mansa Mata Finance provides end to end financial solutions to ensure funding for requirements related to Healthcare Equipment. We provide flexible and affordable loans for Doctors, Hospitals, Diagnostic Centres, Nursing Homes, Trusts, Societies and Private Limited Companies.
Features
- Term Loan for purchasing of new and refurbished medical equipments
- Primary collateral on the assets financed
- Loan to value ratio of up to 85% of the equipment cost
- Higher loan tenure of upto 84 months
Benefits
- Flexible tenure options
- Minimum documentation
- Quick turnaround time
- Doctors / Hospitals / Nursing Homes & clinics / Laboratories and Diagnostic Centers
- Entities
- Proprietorship
- Partnerships
- Limited liability Partnerships
- Private Limited Company
- Societies and Trusts
Will be communicated at the time of Loan Application.
- KYC Documents
- Two years income tax returns with computation of income, audited balance sheets and profit & loss statement.
- List of owned Equipment
- Six months bank statements
- Proof of relevant business experience
- Application form
- Passport Size Photograph
Note: Original documents are required for verification purpose only.
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List of documents required for Proprietorship/Partnership Firms
- KYC documents of promoter/partners and co-applicants
- PAN Card
- Last 2 years financials along with respective audit report
- Last 6 months bank statements of all bank accounts
- Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
- Proforma invoice of machinery, in case of plant & machinery loans
- Application form
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Note: Original documents are required for verification purpose only.
- Memorandum of Association (MOA) / Articles of Association (AOA)
- Latest shareholding pattern
- KYC of Directors
- PAN Card of the entity and Directors
- Last 2 years financials along with respective audit report
- Last 6 months bank statement of all bank accounts
- Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
- Proforma invoice of machinery, in case of plant and machinery loans
- Application form
List of documents required for Companies
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Note: Original documents are required for verification purpose only.
- Memorandum of Association (MOA) / Articles of Association (AOA)
- Latest shareholding pattern
- KYC of Directors
- PAN Card of the entity and Directors
- Last 2 years financial with audit report
- Last 6 months bank statement of all bank accounts
- Existing facility sanction letter / repayment track record (RTR) of existing loan, if any
- Proforma invoice of machinery, in case of plant and machinery loans
- Declaration that borrower, company or any of its Directors have not been debarred / blacklisted / penalized by any Stock Exchanges / SEBI / RBI.
- Declaration that the proposed borrowing is within the limits prescribed u/s 293(1)(d) of the Companies Act, 1956
- Application form
List of documents required for Listed Companies
Note: Original documents are required for verification purpose only.
- Who are eligible to take Medical Equipment Loans?
Hospitals, Laboratories, Diagnostic Centre, Nursing Home, Clinics, Self Employed Doctor. - What is the margin of equipment cost required to be paid by the Customer?
Minimum 25% of the margin has to be paid by the customer under Medical Equipment Finance. - What security is asked for by Mansa Mata Finance?
Original Invoice to be hypothecated to Mansa Mata Finance and Loan cum hypothecation agreement to be signed by the Customer. It also depends upon the profile/ financial health of the customer.