| Bank Name | Interest Rate Range (%) | Processing Fee (%) | Maximum Tenure (Month) | Forclosure Charge | |
|---|---|---|---|---|---|
|
18.00% - 24.00%
|
1%
|
60
|
2
|
|
|
19.00% - 24.00%
|
1%
|
60
|
2
|
|
|
18.00%-23.00%
|
1%
|
48
|
2
|
|
|
18.00% - 23.00%
|
1%
|
60
|
2
|
|
|
19.00% -24.00%
|
1%
|
60
|
2
|
|
|
18.00% - 24.00%
|
1%
|
48
|
2
|
|
|
17.00%-24.00%
|
1%
|
60
|
2
|
|
| Bank Name | Key Features | |
|---|---|---|
|
|
Interest rate
18.00% - 24.00%
Foreclosure charge
2 |
|
|
|
Interest rate
19.00% - 24.00%
Foreclosure charge
2 |
|
|
|
Interest rate
18.00%-23.00%
Foreclosure charge
2 |
|
|
|
Interest rate
18.00% - 23.00%
Foreclosure charge
2 |
|
|
|
Interest rate
19.00% -24.00%
Foreclosure charge
2 |
|
|
|
Interest rate
18.00% - 24.00%
Foreclosure charge
2 |
|
|
|
Interest rate
17.00%-24.00%
Foreclosure charge
2 |
|
- Individual
- Prop Firm
- Partnership Firm-LLP
- PVT. LTD.
- Photographs 2
- PAN Card Copy
- . AADHAR CARD + PASSPORT
- ADDRESS PROOF IF RENTED ALSO REQUIRED PERMANENT ADDRESS PROOF
- LAST 3 YEARS FORM -16, ITR WITH COMPUTATION OF INCOME IF FILE
- LAST 1 YEAR BANK STATEMENT - SALARY ACCOUNT
- LOAN SCHEDULE & SANCTION LETTER (IF RUNNING
- COMPLETE PROPERTY PAPERS WITH CHAIN & MAP +ATS
- PROCESSING FEE CHEQUE IN FAVOUR OF BANK
- LAST 3 MONTHS SALARY SLIP + APPOINTMENT LETTER
- PHOTOGRAPH BOTH
- PAN CARD CLEAR COPY PROPRIETOR.
- ADD PROOF (PASS PORT, VOTER ID CARD) PROPRIETOR.
- OFFICE ADDRESS PROOF LATEST. (ELECTRICITY BILL, TELEPHONE BILL)
- FIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPY
- LAST 1 YEAR GST RETURN COPY
- FIRM 3 YEARS ITR COMPUTATION, PROFIT LOSS A/C, BALANCE-SHEET, TAX AUDIT REPORT, ALL SCHEDULED & ANNEXURE
- PROVISIONAL FINANCIAL AY 2019-20
- BANK ACCOUNTS (CURRENT ACCOUNT, CC ACCOUNT, OD ACCOUNT LAST 1 YEAR UPDATED.
- 6 MONTH SAVING ACCOUNT STATEMENT UPDATED (PROPRIETOR)
- . IF RUNNING ANY LOAN PLEASE PROVIDE SANCTION LETTER AND REPAYMENT SCHEDULED
- AGREEMENT TO SELL COPY
- PROPERTY PAPERS WITH CHAIN SANCTION MAP
- PHOTOGRAPH PARTNERS
- PAN CARD - COMPANY, ALL PARTNERS
- ADD PROOF - ALL PARTNERS (PASS PORT, VOTER I CARD ,PAN ,ADHAAR)
- FIRM ADD PROOF- LATEST ANY UTILITY BILL.
- . PARTNERSHIP DEED COPY
- GST CERTIFICATE
- GST Return last 1 years
- 3 YEAR COMPANY ITR COI P/L A/C BALANCESHEET + AUDIT REPORT 3CB 3CD, ALL ANNEXXURS, SCHEDULED WITH C.A.CERTIFIED.
- PROVISIONAL FINANCIAL AY 2019-20
- 3 YEAR.ALL PARTNER INDIVIDUALS ITR + COMPUTATION
- FIRM ALL A/C BANK STATEMENT 1 YEAR UPDATED
- . ALL PARTNER SAVING A/C STATEMENT 6 MONTH
- IF RUNNING ANY LOAN – LATEST SANCTION LETTER + TRACK RECORDS OR REPAYMENT SCHEDULED.
- AGREEMENT TO SELL COPY
- PROPERTY PAPERS COMPLETE CHAIN WITH MAP
- ALL DIRECTORS PHOTOGRAPH
- CLEAR PAN CARD - COMPANY AND ALL DIRECTORS.
- ADDRESS PROOF – COMPANY AND DIRECTORS.
- LIST OF DIRECTOR & SHARE HOLDER WITH CA CERTIFIED AS ON DATE
- MEMORANDOM
- ORDER IN HAND AND COMPLETE COPY (if applicable)
- GST, SALE, VAT AND SSI REGISTRATION CERTIFICATE.
- 1 YEAR GST RETURNS
- ALL DIRECTORS INDIVIDUALS ITR & COMPUTATION LAST 3 YEARS.
- LAST 3 YEARS COMPLETE FINANCIAL WITH TAX AUDIT REPORT AND ANNEXURE.
- . PROVISIONAL FINANCIAL FY 2019-20 OR MONTH WISE SALE FIGURE LAST 1 YEAR
- COMPANY ALL BANK ACCOUNT STATEMENT 1 YEAR UPDATED.
- ALL DIRECTORS SAVING A/C STATEMENT 6 MONTH.
- IF RUNNING ANY LOAN – LATEST SANCTION LETTER AND REPAYMENT SCHEDULED.
- AGREEMENT TO SELL COPY
- PROPERTY PAPERS COMPLETE CHAIN WITH SANCTION MAP
Venture debt is a broad term that describes loans and leases provided to emerging-growth companies at a stage when they typically cannot qualify for debt financing from a commercial bank. Venture debt can be structured as a lease or a loan. It gives early-stage, emerging-growth companies the capital they need to undertake strategic initiatives, develop product, acquire equipment, build out infrastructure, and expand into new business markets.
A company does not need to have raised traditional institutional venture capital before establishing a relationship with Finance Seva. Many of our clients are self-funded, have received only seed funding, or are funded by angels, grants, or corporate investors.
Finance Seva is a provider of growth capital and equipment financing and is not the same type of service provider as a bank. We understand the risks, challenges, and opportunities companies face in their early years, and our products are designed for companies that do not yet qualify for bank term loans. If a company does qualify for bank financing, a good option is to finance equipment with Finance Seva and use a bank.
Through its strong presence in cities throughout the U.S., Finance Seva has formed relationships with commercial real estate firms, attorneys, and organizations that provide interim management expertise to early-stage companies. In addition, because we are well known by many angle groups and other venture capital providers, we can often help companies rise above the "noise level" by making appropriate introductions.
Companies use cash raised from Finance Seva loans and leases for asset purchases and working capital.
Finance Seva most types of fixed assets, including computer hardware and software and telecommunications hardware. We also finance manufacturing, laboratory, office, and test and measurement equipment.
Our bias is to get the deal done and find creative ways to make that happen.
We do not normally require personal guarantees.
Finance Seva has regional offices across the U.S. and serves clients throughout the country.
