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Machine Tool

Metal cutting and metal forming are the two divisional sectors of the machine tool industry. These are further classified into Computer Numerically Controlled (CNC) machines. At present, CNC machine finance /loan is on the rise. The reason behind this is that CNC systems make it possible for Programmable Logic Controllers (PLCs) and microprocessors to function in parallel.

Today, India is positioned 16th in production and 11th in the consumption of machine tools across the globe according to the Gardner Business Media survey of 2014. The machine tool industry has nearly 1,000 production units for attachments, subsystems, accessories and parts. About 75% of Indian machine tool producers are ISO certified, which makes them easily eligible for machine finance. Due to this, there has been a dramatic appreciation in machine loans.

Benefits of machinery finance to customers

Simplified, speedy and convenient loans for machinery in India
Asset life-cycle management solutions
Flexible loan payment options at reasonable intervals
Fast track applications
Potential tax benefits
100% CNC machine finance options

We provide finance related services to several manufacturing entities for smooth operation and increased productivity. At EFL, we understand the importance of proper tools in getting the job done. We also have a realization of expenses that come along with direct purchases. For this very reason, we have been the preferred name for machinery loans. Read more about SME loans and finance companies in India here.

Share in SME

The machine tool industry, supported by CNC machine loans, benefits the SME sector with a turnover of almost 70%. With new advancements, high speed equipment now features better machine drives and controls, and most manufacturers respond to the customer’s need for more automation with a quality finance-related range, which leads to better service delivery. The adoption of flexible production systems sponsored by machinery loans in India has also led to the emergence of fresh business models.

EFL contribution

At EFL, we understand the importance of the right tools in getting a job done as well as the expenses that come along with direct purchases. Accordingly, we provide finance-related services to several manufacturing entities that promote smooth operation and increased productivity. For this very reason, we have been the preferred name for machinery loans in this industry.

Machines We Finance

Metal Cutting

  • Wire Cut
  • M1TR
  • CNC Lathe/ CNC Turning Center
  • EDM
  • Vertical Machining Center - Single & Double Column
  • Jig Boring Machines
  • Horizontal Machining Center (HMC)
  • Drilling Machine
  • Boring Machine

Metal Forming

  • Laser Cutting Machines
  • Press Brake
  • Welding Machines
  • Shearing Machine
  • Turret Punch Press (TPP)
  • Laser Marking Machine
  • Presses of various types
  • Water Jet Cutting
  • Plasma Cutting

Machine Tools (Others)

  • CMM
  • Welding Machines
  • Robots
  • Foundry Machines
  • Milling Machine
  • Grinding Machine
  • Manual Lathe
  • Automation
EFL serves as a reliable and strong source of financial assistance for machinery throughout your new equipment acquisition lifecycle.