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Machinery Loan

Machinery Loan

All kinds of equipment that facilitate production are must-have assets for business enterprises of any size. Manufacturers need financing in order to purchase business equipment to transform their production processes and make them more efficient. Manufacturers may also seek financing to repair faulty equipment or purchase upgraded versions.
At Fullerton India, we support small business owners and MSMEs by providing the working capital loan as well as customized machinery loans to ensure that they receive the right kind of financial support to grow their businesses.
Achieves Global India

DOCUMENTS REQUIRED FOR MACHINERY LOAN

List of documents for Machinery Loan Proprietorship:

1. I'd proof (Pan card & passport/driving license/voter—id)
2. Residence proof (latest month telephone bill & electricity bill and water bill)
3. Office proof (latest month electricity bill & telephone bill).
4. Financials of asst 18-19'19-20 (ITR; computation balance sheet p&L a\c 3CD audit reports with all annexure Dr. Cr.List).
5. Vat returns from GST 1-4-19TO TILL DATE.
6. Sales/vat registration certificate GST CERTIFICATE
7. Latest six months all current account bank statement and saving banking a/c.
8. 2 photos.
9. Sanctioned letter of existing O/D, C/C limits.
10. Repayment schedule of all running loans.
11. Machine Quotation / Invoice.


List of documents for Machinery Loan Partnership:

1. All partner I'd proof (Pan card & passport/driving license/voter—id aadhar card )
2. All partner Residence proof (latest month telephone bill & electricity bill and water bill)
3. Office proof (latest month electricity bill & telephone bill)
4. Company Financials of asst 20-21'19-20 (ITR; computation balance sheet p&L a\c 3CD audit reports with all annexure Dr. Cr.List).
5. Sales/vat registration certificate GST CERTIFICATE, PAN CARD FOR COMPANY
6. Latest six months all current account bank statement and all director saving banking a/c lest 6 months
7. 2 photos all pantner
8. Sanctioned letter of existing O/D, C/C limits.
9. Repayment schedule of all running loans.
10. Vat returns from GST returns 1-4-20 TO TILL DATE.
11. List of partner and shareholder company letter head' partner ship deep
12. Machine Quotation / Invoice.


List of documents for Machinery Loan Private Limited / Limited:

1. All Director I'd proof (Pan card & passport/driving license/voter—id aadhar card )
2. All director Residence proof (latest month telephone bill & electricity bill and water bill)
3.
4. Company Financials of asst 20-21'19-20 (ITR; computation balance sheet p&L a\c 3CD audit reports with all annexure Dr. Cr.List).
5. Sales/vat registration certificate GST CERTIFICATE, PAN CARD FOR COMPANY
6. Latest six months all current account bank statement and all director saving banking a/c lest 6 months
7. 2 photos all pantner
8. Sanctioned letter of existing O/D, C/C limits.
9. Repayment schedule of all running loans.
10. Vat returns from GST returns 1-4-20 TO TILL DATE.
11. List of partner and shareholder company letter head' partner ship deep
12. Machine Quotation / Invoice.
Achieves Global India

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