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Financing

Crusher machines
HPPA 40 Year Anniversary

Get Financing Help 

Team HPPA is with you throughout your crushing journey

  1. We help you finance your crusher by connecting you to the most suitable bank

  2. And, when the time comes, we’ll even help resell your used HPPA Crusher equipment.

We Do the Heavy Lifting, You Benefit

No need to jeopardize your cash flow or delay getting your HPPA Crusher equipment to the job site.

  • Our finance consultants understand the specific needs of the crushing industry

  • We work with more than 50 potential lending institutions, to find the best repayment plan for your company

  • We handle the paperwork so that you can concentrate on what you are best at 

Financing
HPPA 40 Year Anniversary

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Total Payment

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Construction Equipment Financing Providers

Browse through options by different banks. Call us help to you with the paper work so that the loan process is hassle free for you.

Chola Finance

Features

  • Up to 100% finance for new construction equipment

  • Maximum funding for used construction equipment

  • Fast turnaround time

  • Attractive Interest Rate

  • Simple documentation

  • Tenure of up to 60 months

  • Customized EMI

Elibility

  • Finance for new construction and material handling equipment 

  • Excavators, Backhoe Loaders, Cranes, Articulated Wheel Loaders, Asphalt Pavers, Bulldozers, Compactors, Crushers, Concrete Equipment, Compressors, DG sets, Drills, Dump Trucks, Forklifts, Hot Mix Plants, Mobile Cranes, Motor Graders, Hydraulic Excavators

Chola Finance

Features

  • Tenure up to 60 months

  • Interest Rate - Minimum : 7.50%, Maximum : 30.00%

Elibility

  • Indian Citizens, Proprietorships, Partnership firms, Pvt. Ltd. Companies & Public Ltd. Companies, HUF, Trust, Society and OPC

  • Financing for a whole range of construction equipment such as, Backhoe Loaders, Excavators, Mini Excavators, Tipper/ Dumpers, Transit Mixers, Self-Loading Concrete Mixers, Cranes, Forklifts, Wheel Loaders, Compactors, Road Rollers, Compressors, and others.

  • Individuals/Corporates engaged in construction equipment handling get funding on a wide variety of equipment’s, ranging from earthmoving, mining, road construction, material handling, concrete and material processing equipment, and more.

  • Construction equipment loan to a broad spectrum of customers, which include small and medium industries, as well as contractors engaged in various civic and municipal bodies of Government and private agencies, viz., irrigation, public works department, national and state highways,

Chola Finance

Features

  • Faster loan - Our loan sanction and disbursal is one of the quickest. We provide hassle-free documentations.

  • No Collateral Required

  • No need for existing Relationship

  • Standalone Sanction process for the existing borrowers

  • Pre-Sanctioned Loan Limit for existing borrowers

  • Simplified loan assessment method

  • No hidden charges

  • Loan Amount - Up to Rs. 50 crores

  • Loan Tenure - Up to 5 years

  • Margin Minimum 10%

Elibility

  • First Time Buyer, Small, Medium, Large and Strategic Segment Contractors and Mining Operators.

  • Hassle-free term loan for purchase of new construction / mining equipment

  • Individual / Proprietorship Firm / Partnership Firm / Company engaged in Construction or Mining activity (Contractors).

Chola Finance

Features

  • Tenure of the loan may vary from 12 To 60 months, depending upon the nature of the deal and the repayment capacity

  • Funding can be maximum upto 95% of the Invoice Value

  • Loan will be sanctioned basis the approved policy and process of the bank

  • Repayment can be made through ECS / NACH or Auto-Debit (in the case of ICICI Bank account holders).

  • Prepayment of the loan is allowed, at a charge indicated on the ‘Service Charges’ page.

Elibility

  • Any individual / proprietor / partnership firm / company with more than two years of relevant business experience.

  • Applicants using equipment for captive, mine owners, contractors or hirers.

  • Wide varieties of equipment ranging from earthmoving, mining, material handling, road construction, concrete and material processing equipment’s.

  • New equipment finance, refinance, balance transfer, working capital, asset insurance and opt for a financial solution that meets your business requirement.

Chola Finance

Features

  • Tenure up to 48 months 

  • Financing for a whole range of construction equipment such as, Backhoe Loaders, Excavators, Mini Excavators , Tipper/ Dumpers, Transit Mixers, Self Loading Concrete Mixers , Cranes (Pick N Carry, Heavy Duty, Tower & Derrick , Telescopic , Crawler)

  • Wheel Loaders, Compactors, Road Rollers, Pavers, Dozers, Graders, Compressors, Drills, Hot Mix Plants, Concrete Pumps/ Boom Placers, Crushing Plants, RMC Plants, Rock Breakers, WMM Plants, DG Sets, Fork Lifts, Reach Stackers, Piling Rigs 

  • Up to 100% finance on asset cost Finance for Used equipment (Re-finance & Re-purchase) 

  • Top-up on existing loans Customized financing solutions to meet individual requirements Simple documentation and easy processing

Elibility

  • First time User ( Buyers ) 

  • Hirers of Construction, earthmoving , Concrete and material handling equipment & plant hirers 

  • Small and medium contractors of Government and private agencies, viz., irrigation, public works department, national and state highways, etc. 

  • Small and medium quarry/mine owners/operators 

  • Small and medium industries requiring construction and material handling equipment for captive usages 

  • Contractors of various civic and municipal bodiesst time User ( Buyers )

Chola Finance

Features

  • Up to 100% Financing

  • Customized Financing Solutions

  • Flexible Repayment Options

  • Easy Eligibility Criteria

  • Simple Documentation

  • Instant Approval

  • Quick Disbursal

  • Structured Loans

  • Attractive OEM schemes

  • CEQ Tatkaal Loans

Elibility

  • Individuals who need commercial vehicles for their living

  • Small & Medium sized enterprises (SMEs)

  • Proprietorship & Partnership Firms

  • Private & Public Limited companies

  • First Time Users

  • Transporters

Chola Finance

Features

  • Maximum Rs.5.00Cr

  • 25% of the cost of Machinery/Equipment/Vehicles

  • Up-to Rs.1Crore (Term Loan up-to one year):

  • Up-to Rs.10.00Lac: MCLR + 0.50%.

  • Above Rs.10.00Lac to Rs.100Lac: MCLR + 1.00%.

  • Above Rs.1Crore: Based on Customer Credit Rating.

  • For Loan Tenor Premium will be: 1 year to 3 years is 0.25% & 3 years to 5 years is 0.50%.

  • Loan is to be repaid in Maximum 60 equated monthly instalments (EMIs), commencing from next month of first disbursement.

  • Hypothecation of machinery/ equipment/ vehicles financed by the Bank

  • Collateral - 25% of the loan amount by way of mortgage of property/ land & building/ Liquid security.

  • Processing Charges - Nil up-to Rs.5.00Lac, Rs.200/-per lac (maximum Rs.1Lac) above Rs.5.00Lac.

Elibility

  • Firms/Companies (including Contractors) engaged in construction activity

  • For financing New Machinery/Equipment/Vehicles for construction activities

Chola Finance

Features

  • Loans up to 95% of equipment price

  • Customised financing solutions for all customer segments

  • Easy repayment tenure up to 72 months

  • Simple documentation process

  • Preferred financier for all Indian and global manufacturers

Elibility

  • Loans for mining, material handling, earth moving, concrete

  • Equipment financing includes - New Construction Equipment Loan, Used Construction Equipment Loan, Top Up Loan, Retention Refinance and Balance Transfer

Chola Finance

Features

  • Low Down Payment 

  • Fast approval process with minimum documentation 

  • Attractive rate of interest 

  • In-principle sanction at customer’s place 

  • Wide branch network for customers who prefer to walk-in 

  • Quick, easy and affordable construction equipment finance

Elibility

  • Customers in rural & semi-urban areas

  • Loans for the complete range of Construction Equipment towards earth moving, infrastructure, construction, mining, material handling etc

  • For new, used and refinance on machines & equipment

  • Backhoe Loaders, Excavators & Mini Excavators, Cranes, Wheel Loaders, Motor Graders, Pavers, Compactors, Concrete Mixers, Forklift

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