FIGHT COVID-19: APPLY FOR BUSINESS LOAN

The year 2020 has pushed most of the businesses back to its survival stage or say a knock out stage. The time has come when and where the management has to take some bold decisions to either get rid of this pandemic, rise and shine or simply vanish, to go out of business losing all clientele and see big businesses taking over your clientele and loyal customers which you earned after a decade/years of hard work and perseverance.

If you have understood of what points we are trying to make here then you should also know that getting cash to infuse in your business can only help you to pass this economic crisis. If you are an SME or an established business owner with minimum 2-3 years track record and always have made compliance, never defaulted before, getting a business loan is not very tiring experience with our little support.

Contact us at info@complianceease.in or WhatsApp/Call at +91-9773646999 now.

TAKE YOUR BUSINESS TO NEW HEIGHTS

Every business wants to scale up be it revamping your business, entering into new verticals, invest in R&D, launching a new store, going online with website/app development, run marketing campaigns, buying new machinery/equipment, increasing working capital or outperforming your competitors. This is not 2000 but 2020 where every business wants to expand exponentially for which they fall short of funds which a business loan can fulfil otherwise. There are various options available in the market as on today ranging from Scheduled Banks/Private Banks to hundreds of NBFCs operating in India which provides you Capital in the form of Unsecured Business Loans offering you customised loans to suit your business plan in a very easy process.

At Compliance Ease Cure LLP, we understand your world better as we are a professionally managed firm and looking at your requirements, we can suggest you the options available to you and ensure you of timely compliance of the filings to be done with MCA as Charge Forms.

SOURCES OF BUSINESS LOANS

Banks and NBFCs even today remain the main source of loans available to SMEs and all big businesses. Based on your requirements, you can apply for a customized Business loan to help your business grow, allowing you infuse monies in the business wherever it may be required. All lending houses be it banks or NBFCs can give you the business loans to meet the specific needs of your business. These business loans offer you the opportunity to scale and give it the competitive edge necessary for success in today’s world especially post the global pandemic COVID-19.

DOCUMENTS REQUIRED FOR BUSINESS LOAN

Below are presented to your business loan document checklist for your convenience. However, different Banks/NBFCs may ask for additional paperwork as and when they require the same.

Please review the business loan document checklist here:

Photo Identity Proof (Self-attested copy of any one document)

Passport /Pan Card/Voter Identity Card/Driving License/Aadhaar Card

Note: As per current trends and compliance, PAN and Aadhaar are mandatory.

Address Proof (Self-attested copy of any one document)

Ration Card/Passport/Bank Account Statement/Aadhaar Card/Driving License/ Electricity Bill/ Telephone Bill/ Sale Deed/ Property Purchase Agreement (for owned properties)

Income Proof (Self-attested copy of relevant documents)

• Latest ITR
• Latest Audited Financials
• Last 6 Months’ Bank Statement

Business Proof (Self-attested copy of relevant documents)

• Registration Certificate of business including GST Number (if any)
• Certificate of Practice (COP) in case of Professionals like CA/CS/CMA
• Shop Act License/ MOA & AOA/ Partnership Deed (depending of entity type)
• Current year performance and projected turnover on letterhead of the entity
• Last 1-year Income Tax returns of the borrowing entity (along with Computation of Income and copy of acknowledgement), if filed online, acknowledgement number is required

FACILITY SPECIFIC DOCUMENTS: