Business Loans in Chennai - Get best price quotes from Business Loans in Chennai
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1. The turnover of company should be above 5 Crs
and less than 300 CRs.
2. The corporate must be making profits in the
last 3 years of its existence.
3. Should have maintained accounts as per the
accounting standards.
4. Should have a clean track record.
What do we address:-
1.
Working Capital
Requirements
2.
Overdraft Account,
3.
Cash Credit Facility
& Term Loans.
2. We also assist in Bill Discounting,
Invoice
Discounting,
Purchase
Order Financing,
Letter
of Credits/Bank Guarantees
3. We also specialize in Export Packing Credits
and other export assisting financial requirements.
What are docs required
for business loans are follows:-
1. Last 3 years Balance sheet, Current year
provisional balance sheet and next years projected.
2. If the company has already availed OD and/or
Term Loan, then the last 6 months statement of OD and Term loan is required. If
the corporate has not availed any such business loans in the past, then the
current account bank statement is required.
3. Details of the property, land which they wish
to provide as Security etc. are also required.
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