Commercial Property Loan

Running a business is never was easy and never will be easy. Everyone has to go through financial ups and downs while entering into a business or else businessman planning for a business expansion. Financial institutions offer the business loan to bail you out of the situation of such financial crunch. Whether its money required for an immediate official expansion or it could be the time of recession , when payments don't come on time but the expenditures can't wait. The business loans ease your way through a scary road of financial crisis and open the world of new business heights for you.


Business Loan Information & Eligibility

Capital may be a very important part for the success of commerce these days. no matter whether or not a firm is in ownership, SME's or huge organization, finance holds the key to its development, and managing finance is by no means a child's play.

Keeping all this in mind, many establishments have return up with business loans to assist budding and existing entrepreneurs.

Very off times, each company must face a make-or-break scenario that necessitate immediate investment to reap future edges. If one isn't having the finances at that point, he would possibly well prefer a commercial loan that is meant specifically to satisfy imperative business necessities.

These loans not solely facilitate in increasing a business, however conjointly play a significant role in modernizing and rising tiny additionally as medium scale business.

 

Business Loans are offered in two types, Secured and Unsecured:

Furthermore, drawing the skinny line between crucial wants and expenses which will be postpone until a more robust money scenario prevails holds the key to forestall one from any money plight. creating one hasty call with none plan of its impact in your business may sway be prejudicious within the long-standing time. Therefore, one should be terribly further from his actual would like and wants for enhancing and up his business by borrowing the rights loans with a close insight of its professionals and cons.
Hence, deed a lot of capital so as to market any business or consolidating recent debts and credits, beckons the decision for Business loans.
 

Eligibility

The applicant must meet the below eligibility criterias.

  • Minimum age
  • Maximum age
  • Minimum income (annual)
  • Minimum loan amount
  • Maximum loan amount
  • Minimum years of business existance
  • Minimum loan tenure
  • Maximum loan tenure
  • 21 years
  • 65 years
  • Rs. 4,00,000/-
  • Rs. 5,00,000/-
  • Rs. 2,00,00,000
  • 3 Years
  • 1 year
  • 3 years

Documentation

Common Documents-

> Two photographs of each applicant & co- applicant,
> Passport of each applicant & co- applicant,
> Utility Bill of office and residence(latest month) each applicant & co- applicant,
> Pan Card Copy each applicant & co- applicant.

Income Documents:-

> 2 years ITR, computation of income, P&L, Balance sheet, all Annexure & schedule, Dr. & Cr. List. (self & CA attested),
> 2 years ITR, computation of income, P&L, Balance sheet of individual,
> Last 6 months bank statement of individual,
> Last 12 months bank statement of the company and all the EMI reflection if any loans going on,
> Sanction letter of all Loans & OD/CC (if any),
> Sales & Purchase Summery April – 2012 – Till Date,
> Dr. & Cr. List April – 2012 – Till Date.

Additional Documents-

> MOA & AOA copy / Partnership Deed,
> List of Directors/ Partners & Shareholder,
> Pan card copy of Company,
> Business Proof (Shop & Establishment Certificate, VAT, Sales Tax, Service Tax, IEC)

 
 

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About Us

Pooja Finelease Pvt. Ltd. is non-banking finance company. It is one of India's leading non-banking finance companies spread across 3 states pan-India. Pooja finelease providing the services include vehicle loans (utility vehicles, commercial vehicles, cars, two-wheelers and used vehicles).

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Address

Address :- b39 plot no 70 klj complex 1 opp moti nagar police station

Contact Number :- 011-45008000
E-mail: poojafinelease@gmail.com

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