What Documents Are Needed for a Business Loan Application?
To apply for a business loan, essential business loan documents include identity proof, address proof, bank statements, ITRs, business registration certificates, and financial statements like balance sheets and P&L accounts. Depending on the lender, additional documents like GST filings or business plans may be requested. Having your paperwork in order speeds up approval and shows financial transparency. Whether you apply for a secured or unsecured loan, complete and accurate documentation is key to success.
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