Documentation for Lending Products
Documentation requirements varies from product to product & from lender to lender.. Please find below broad guidelines for basic documentation requirement irrespective of lender.
- KYC- Pan & Aadhar of all directors/partners. Full KYC of company
- Income proof- Latest ITR for last 2-3 years( Full set that includes ITR, Computation of income, P& L, Balance Sheets, Audit reports & annexures)
- Business projections for next 2-3 years
- All Business Bank statements- Current & OD
- All credit facility statements & sanction letters
- Property documents – Full set that include latest tax paid, Khata, EC, Plan approvals, all title deeds
- Cibil report of all directors/partners as well as company.
- Credit rating report if available
Documentation for Investment Products
Documentation requirements varies from product to product & company to company here again. Please find basic documentation requirements
- KYC of individual as well as company for corporate products
- Income proof like ITR/Bank statement/Payslip etc in case of high Sum assured.
- Existing medical reports if any in case of Insurance based products
FAQs
We fund up to 100 Cr in case of WC/Secured products and up to 5 Cr in case of unsecured products.
Please refer to documentation section for basic documents.
No. We are a loan/credit service provider. We have excellent business relationships with multiple Banks- Nationalised & Private as well as NBFC’s. We understand your requirements, analyse your business case & suggest the best lender.
Loan approval depends on various factors that include credit score & ratings, existing repayment tracks, value & legality of collateral, your banking history, Business turnover & ratios etc. However with our vast experience we have close to 100% success rate in loan approvals.
We charge flat 1% in case of secured loans & up to 3% in case of unsecured loan products. 20% to be paid before first meeting with bankers, 60% on sanction & 100% on disbursements.
Yes. We are 100% legally complaint organization & legal agreements are signed with all clients.
Yes. We do based on case to case basis.
Many reasons that include
- We are private limited company with in house credit, legal & technical team. Hence assuring you of almost 100% approval rates
- Our team has over 2 decades of experience in Banking & investment sector.
- We have excellent systems & processes in place thereby ensuring fast & accurate loan disbursals.