Loan Products > Heavy Equipment
Equip Your Business for Bigger Work
Some work demands more than skill and commitment; it needs the right machinery behind it. MHPL provides financing for eligible heavy equipment purchases, helping businesses invest in the capacity required for work of greater scale and lasting impact. From construction and infrastructure to other equipment-led operations, heavy machinery helps turn ambitious plans into work that moves forward. Our financing helps spread the cost through manageable instalments, with assessment based on the asset and your business requirements, alongside clear guidance on applicable terms.
Loan at a glance
25%
Minimum Down Payment
8.75% - 10.99%
Starting Rate
60 Months
Max Tenure
Brands
Interest Rates
The more you put down, the less you pay in interest
| New Heavy Equipment Rates | |||
|---|---|---|---|
| SEGMENT | DOWN PAYMENT | INTEREST RATE | TENURE |
| JCB | 50% | 8.99% | 60 Months |
| JCB | 45% | 9.25% | 60 Months |
| JCB | 40% | 9.99% | 60 Months |
| JCB | 35% | 10.75% | 60 Months |
| JCB | 30% | 10.99% | 60 Months |
| JCB | 25% | 11.75% | 60 Months |
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IDENTITY
BUSINESS / PARTNERSHIP FIRM
PARTNERSHIP FIRM / MULTIPLE SHAREHOLDERS
*Note: Required documents may vary depending on the nature of the business/ income. The above are the basic required documents.
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Learn MoreFrequently Asked Question
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