All About Business Loan
If you generate returns on capital more than the actual loan payout, then you can consider applying for a business loan. You can take the loan for meeting innumerable expenses which are critical for your business.
Business Loans Eligibility Factors
If you want to apply for unsecured business loan, then do go through the following documents you have to submit.
- Identity proof such as PAN Card, Voter ID card, Aadhar Card, etc.
- Ownership proof of possessions utilized for business purposes
- Bank account statements, practice certificate etc.
- Last 3 years income taxstatements
- Your KYC documents and that of the co-applicant
- Recent passport size photographs and residence proof