SME finance is the funding of small and medium-sized enterprises, and represents a major function of the general business finance market – in which capital for different types of firms are supplied, acquired, and costed or priced. However, not all business finance is external/commercially supplied through the market.
Documents Required for SME Loan
Documents | Required |
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Audited financial statements of the business concern for the last three years. | ![]() |
Provisional financial statements for the half – year ended | ![]() |
Audited financial statements of associate concern/s for the last three years | ![]() |
Copy of QIS II for the previous quarter ended | ![]() |
Operational details in annexure I. | ![]() |
CMA data for the last three years, estimates for current year and projection for the next year. | ![]() |
Term loan /DPG requirements in annexure II. | ![]() |
List of machinery in respect of machinery offered as security in annexure III. | ![]() |
Additional details for export advances furnished in Annexure IV | ![]() |
Property statements of all directors / partners/proprietor / guarantors | ![]() |
Copies of ITAO of the company for the last three years | ![]() |
Copies of ITAOs /WTAOs of the directors/ partners/proprietor and guarantors. | ![]() |
Copies of certificate from banks and financial institutions certifying the latest liability with them. | ![]() |
Copy of board resolution authorizing the company to apply to your bank for the credit facilities mentioned in application | ![]() |
Copy of memorandum and article of association (in case of limited Company)/partnership deed (in case of partnership (firm). | ![]() |
Cash Budget for the current year and next year in case of contractors and seasonal Industries. | ![]() |