Business Loan

🔹 Features & Types of Business Loans

• Term Loans
  Get lump-sum funds for long-term business needs like infrastructure, expansion, or bulk purchases.

• Working Capital Loans
  Maintain healthy cash flow and meet your daily operational expenses with ease.

• Business Expansion Loans
  Plan for scaling, new branches, marketing initiatives, or additional staff with hassle-free financing.

• Equipment & Machinery Loans
  Finance new equipment or upgrade existing machinery to improve productivity.

• Invoice Financing / Bill Discounting
  Convert your unpaid invoices into instant working capital.

✅ Eligibility Criteria & Eligible Entities

To ensure efficient lending, we work with eligible businesses that meet the following conditions:

Criteria	Details
Age	21–65 years
Business Type	Individuals, MSMEs, Sole Proprietorships, Partnership Firms, Pvt. Ltd., LLPs, Traders, Retailers, Manufacturers
Business Vintage	Minimum 1 year in operation
Experience & Location	Minimum 1 year of business experience, with same location maintained
Annual Turnover	As defined by the respective Bank/NBFC
Credit Score	Preferred score of 700 or above
Nationality	Indian Citizens only
Ownership	Must own residence, office, shop, or godown
Cash Flow & Profitability	Business should be profit-making for at least the last 1 year

📝 Documentation Required for Business Loans

For All Applicants

• ITR for last 2–3 years

• 12 months’ Bank Account Statement

• PAN Card copy

• Address Proof (Aadhaar, Passport, Voter ID, Utility Bills)

• Business Address Proof (Telephone/Electricity Bill)

• Business Continuity Proof (e.g. 3-year-old ITR, Company Registration)

• 2 Passport-size Photographs (Promoters/Owners)

• Existing Loan Sanction Letters & Repayment Schedules

• Latest Financials & Future Projections

Entity-Specific Documents

🏢 Private Limited Companies

• Certificate of Incorporation

• Company PAN Card

• Memorandum of Association (MOA) & Articles of Association (AOA)

• List of Directors & Shareholding Pattern

🤝 Partnership Firms

• Partnership Deed

• PAN Card of the Firm

🌐 General Business Registrations (if applicable)

• GST Registration & Returns (last 2 years)

• D-VAT/Sales Tax Certificate

• Udyam Aadhaar

• Rent Agreement (if property is leased)

• Professional Practice License (if applicable)

• Trade License

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💰 Fees & Charges for Business Loans