Cim Finance provides assistance to SMEs through the Leasing Equipment Modernisation Design (LEMS), a special government scheme that helps them acquire and upgrade their production equipment.
You need vehicles and/or equipment for your business… You want to spare your liquidity for other expenses… Cim Finance assists you in implementing your projects with a flexible Leasing contract, which lets you use an asset held by a leasing company against repayments scheduled over 36 to 84 months. This steady and cost-effective long-term financing provides your business with the necessary flexibility to seize growth opportunities.
Leasing facility of a maximum of Rs 10 million for the purchase of new equipment by SMEs with turnover not exceeding Rs 50 million per annum with an interest rate of 6% per annum
Leasing facility not exceeding Rs 25 million for the purchase of new equipment by SMEs with turnover between Rs 50 million and Rs 150 million per annum with an interest rate of 6.5% per annum
Leasing facility not exceeding Rs 50 million for the purchase of new equipment by SMEs with turnover between Rs 150 million and Rs 500 million per annum with an interest rate of 6.5% per annum.
NIC /Passport of Directors
Business Registration Card
Certificate of incorporation
Trade License/Permit/PSV licence
Annual Return/ Financial statements
Proof of Address of Directors
Quotation/Letter from Vendor