Planning to induce the capital that your business needs? Then wait no more to stay ahead of your competitors! By Financing your latest machinery to handling your operations, you can engine your enterprise to all new heights. Moreover, Finngrowth ensures a competitive interest rate, tenure, and hassle-free process to make your business funding swift.
Eligibily Criteria
Who can apply?
Partnerships/Propretorship
Limited Liability Partnerships
Private Limited Companies
Requirements to avail Business Loan:
Minimum annual business turnover of Rs. 60,00,000 in positive track.
Minimum 3 years experience in current business and 5 years of experience in the overall business industry.
Your business must be making a profit for the last 2 years.
Identity and signature proof - Passport, Pan card, Driving License, Voter ID card, Aadhar card, employee identity card in case of government employees.
Address Proof - Bank statement, Rent Agreement, Voter ID card, Ration card, Passport, Driving License, telephone/electricity/water/credit card bill or Property tax.
Age Proof - Voter ID card, Secondary school leaving certificate (class 10), birth certificate, Passport, Aadhar Card, pension payment order or receipt of LIC policy.
PAN card requirement for Companies/Firm/Individuals.
Copy of details of all existing loans.
Bank statements of last 6 months from application date.
Business proof (registration of business).
Copy of ITR/Assessment Orders of 3 years.
Copy of challans proving that Advance Income Tax has been paid.
Balance sheet and Profit & Loss details of business from last 2 years. These details should be certified by CA.
Proof of continuation which will include ITR, trade license, establishment and sales tax certificate.