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What Are the Documents Required to Get a Business Loan ?

It is possible to manage the cash flow, upgrade business equipment and grow the business by the option of business loans. Each bank has specific requirements, criteria and eligibility factors. Here is the list of few banks document requirements and other details mentioned. To avail a business loan, an applicant needs to provide the following documents as per the lender's requirements. Identity Proof:  Driving License / PAN Card / Passport / Voters ID Card / Aadhaar Card. Address Proof:  Ration Card /Telephone Bill / Electricity Bill / Passport / Trade license / Lease agreement / Sales Tax certificate. Income Proof:  Bank Statement of Last 2 Years. Financial Documents:  Last 2 Years ITR along with computation of Balance Sheet, income & Profit & Loss a/c for the last 2 yrs. Proof of Business Continuation Business Ownership[ Proof:  Other Mandatory Documents such as Sole Proprietorship Declaration, Certified ...