Introduction
India’s Machinery Industry is well spread across various industry sectors viz.Plastic, Pharma, Packaging and Printing, Food Processing, Textiles and Garments, and Machine Tools (Automobile, Engineering ) etc., and offers huge opportunities for financing.
The SMEIntellect Team has good reach-out to the SMEs by way of a various product offerings, resulting in higher engagement with them. Most of the SMEs do job work for Tier 1 and Tier 2 corporates and have to develop capabilities by way of buying new machines to upgrade themselves, or replacing their existing old machines with latest technology-based machines or replacement of vintage machines with sparingly used pre-owned machines.
SMEIntellect has good understanding of the Machinery Finance Business and has developed a good ABF (Asset Backed Finance) program which is process driven and seamless.