SME Lease Finance
"Growing Business, Driving Progress”
Meridian Finance SME Loans offer agile and tailored financial solutions for working capital, machinery, infrastructure, and expansion needs. We support the backbone of the economy — empowering small and medium enterprises to transform ideas into impact and businesses into lasting success stories.
- Financing to support fixed asset procurement e.g. capital machineries, industrial equipment, commercial transport, other production or operating equipment etc.
- Loan tenure up to 5 years
- Joint registration of vehicle in favor of MFIL and business/owner
- No prepayment charges for small enterprise
- Convenient repayment mode
- Partial/Full prepayment option
- No hidden charges
- Medium and small industries involved in manufacturing, service, trading, and agro-based business can avail
- Minimum 7 years of business experience is required for the key business person
- Minimum 30 years of age (exception is subject to business experience)
- Physical existence of business premises is required with a minimum of 3 years of consecutive operation
- Clear successor is required in case of small and medium-sized business
Loan Calculator