An established business that has been in operations for more than 6 months.
A minimum turnover of ₹ 90,000 or more in the 3 months preceding your loan application.
The business should not fall under blacklisted / excluded list for SBA finance.
The physical location of your enterprises should not be in the negative location list.
Trusts, NGOs and charitable institutions are not eligible for small business loans.
If you are not sure if your business falls under a restricted category or location, you can contact us to confirm your eligibility
When applying for an MSME loan, the required documents normally include KYC documents, entity documents and financial statements. Here is a list that can serve as a general MSME loan document checklist.
Identity proof: PAN card, Aadhaar card, driving license, passport, voter’s ID, etc.
Address proof: Ration card, electricity bill, lease agreement, trade license, etc.
Financial documents: Last two years ITR, audited balance sheets and profit and loss statements, last 6 months’ bank statements, projected turnover, etc.
Business proof: Registration certificate, memorandum and articles of association, other certificates of business’ existence