Small & Medium Enterprise(SME) Loans
A business loan given to Small & Medium Size enterprises (SME’s) are known as SME Loans. These loans are offered to SME’s to meet their various requirements like setting up a unit, buying machinery, technology upgradation & other day to day working capital etc
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Overview of SME Loans
As SME is the segment on which the economy of any country is based & as any business needs finance depending upon the size & nature of business, thus based on that there are Banks & NBFC’s who offers various types of SME Loans. We at SME Consultancy have encouraged our customers over the years. And now, we can propel your dreams. With us, you get quality service that is simple, friendly and customized.
Type of SME Loan
- Cash Credit Facility
- Over Draft Facility
- Term Loan
- Letter of Credit
- Bill Discounting
- Bank Guarantee
- Equipment Finance
- Project Finance
Project Finance
- Manufacturers
- Wholesalers
- Retailers
- Service Providers
- Doctors
Why SME Loan?
- Working Capital requirement
- To fill financial requirement for smooth operations
- Business Expansion
- Launching a new Product
- Advertising & Marketing of Products & Services
- To increase Purchasing power
Small & Medium Enterprise(SME) Loans
Proprietary Firm
Partnership / LLP Firm
Private Limited Firm
KYC’s
2 passport size photo of Proprietor
2 passport size photo of all the partners
2 passport size photo of all the directors
PAN card & Aadhar Card of proprietor
PAN card & Aadhar Card of all the partners
PAN card & Aadhar Card of all the directors
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PAN Card of the Firm
PAN Card of the Firm
Residence proof of proprietor
Residence proof of all the partners
Residence proof of all the directors
Latest office addressed proof
Latest office addressed proof
Latest office addressed proof
Shop & Establishment /Msme Certificate/ GST registration Certificate (as applicable)
Shop & Establishment /Msme Certificate/ GST registration Certificate (as applicable)
Shop & Establishment /Msme Certificate/ GST registration Certificate (as applicable)
Financials
Last Three Years financial with CA Certificated.
Last Three Years financial with CA Certificated.
Last Three Years financial with CA Certificated.
latest provisional financials statement
latest provisional financials statement
latest provisional financials statement
GST return latest 12 Months
GST return latest 12 Months
GST return latest 12 Months
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Partnership Deed with registration certificate
MOA- AOA with certificate of registration
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Current dated Share holding pattern & list of Directors on company’s letterhead with CA & Directors sign & Stamp
Company Profile on company’s letter head
Company Profile on company’s letter head
Company Profile on company’s letter head
Existing Loans
Sanction Letter / Loan Schedule of all the existing loans – if any
Sanction Letter / Loan Schedule of all the existing loans – if any
Sanction Letter / Loan Schedule of all the existing loans – if any
Last 18 months bank statement reflating EMI debits or Loan Account Statement
Last 18 months bank statement reflating EMI debits or Loan Account Statement
Last 18 months bank statement reflating EMI debits or Loan Account Statement
Banking
Last 6 months to till date all the bank account statements as shown in balance sheet.
Last 6 months to till date all the bank account statements as shown in company & partners balance sheet
Last 6 months to till date all the bank account statements as shown in company & directors balance sheet
Other Documents
- Application form & formats to be signed by Applicant & Co-Applicant
- Initial Processing Fee cheque
- Initial Processing Fee cheque
Please note * All the property owner need to submit KYC’s
SME Loan FAQ
SME Loan is a type of business loan offered to small and mid-size businesses to grow and expand their business. These loans can be short term or for a long term.
We Do SME loans to retail and wholesalers, manufacturers, stockists and distributors, service providers, Private LTD, Partnership or Proprietorship Company, etc
SME Loans are used for working capital needs, business expansion, procuring new machinery and equipment, infrastructure development. Etc.
We offers SME loans ranging from 10 lakhs up to 2 crores.
The loan tenure is flexible and varies from 1 year to 7 years for a term loan and one year valid
sanctions for working capital which reviewed every year for renewal.
No external guarantor is required; however for a promoter guarantor would be required.
Acceptable Collateral is Commercial Property, Residential Property, Industrial / Factory Land and Building.
Interest Rate is floating
EMI depends on the loan amount and tenure. Please check out our EMI calculator. And working capital loans are bill principal payments for tenures upto 120 days
Loan Providers
