Business loan for PARTNERSHIP COMPANY
Turn Over | Min 40L |
Net profit | No Issues |
Business Stability | 5 Yrs |
Own Property | Any One |
Rate of Interest | 14% to 18 % |
Eligibility Calculation | |
CASH FLOW | Net profit- Tax + 50% of Deperecation + Intrest on Capital + Partnar's Salary = CASH FLOW |
DSCR | Existing Loan Emi * Remaining Months or 12 Months |
Eligibility Criteria | Eligibility Ciritiea * 1.75 and High Profile Means - multiplier 2 |
Multiplier Calculation | DSCR/CASH FLOW = 1 % and Above |
Document Required | |
(1) 2 Yrs company IT | |
(2) 2 Yrs Individual I T of Major Partner | |
(3) 6 Months Current Account bank Statement | |
(4) Partnership deed | |
(5) Identity Proof- Company Pan Card | |
(6) Partner Pan Cardcertificate/ /Birth Certificate/ (Anyone of the above) | |
(7) Partner's Own House Proof or Shop | |
(8) KYC of ALL PARTNERS |
No comments:
Post a Comment