Document Checklist for Business Borrowers
When applying for a commercial or working capital loan, lenders need proof that your business generates reliable revenue and can comfortably service debt. Preparing your paperwork in advance prevents costly verification delays.
1. Business Proof & Identity
- PAN cards of the enterprise, partners, and promoters.
- Registration certificates: GST Certificate, Udyam / MSME registration, Shop & Establishment license, or Certificate of Incorporation (MoA / AoA).
2. Financial Statements
- Audited Balance Sheet and Profit & Loss statement for the past 2 to 3 financial years.
- Income Tax Returns (ITR) accompanied by complete computation of income and Tax Audit reports (Form 3CD/3CB if applicable).
3. Banking & GST Records
- Latest 12 months current bank account statements for all operational accounts.
- Last 12 months filed GSTR-3B and GSTR-1 returns.
Shri Ram India Finance helps business owners review their paperwork to ensure eligibility criteria are met prior to formal submission.