Raw materials purchase loans


The raw material is the base substance which has to be processed or modified with machineries to get the finished product. It may be chemical, steam or any other industries. Purchase of raw materials (both indigenous & organic) is mandatory to do their business operations. Similar to machinery loans, you can get raw material financing from banks and other financial institutions.


The loan procured for raw material purchase should not be used for capital expansion activities like purchasing new machineries. If you are in need of equipment or raw material financing for your business, our team of loan advisors will support you to earn the loan amount at best rates instantly. The loan seekers can come to know the limitations and procedures in applying for raw material purchase loans that are a part of the loan services provided by our Sharp Streak.

Click here if you like to exploit our raw material loan services for your business needs and for further details.

Raw materials purchase loans details

Kindly feel free to call us to discuss about your loan requirements in detail at +91 98422 65456

Loan Type

Raw materials purchase loan

Security

Not required

Interest Rate

13.50% & above*

Loan Tenure

Tenure annually renewable*

Loan Amount

Up to 3 Crores*

Loan Feature

No collateral required


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Documents Required for Raw materials purchase loans

Please go through & ready the documents required which will help us process your loan as soon as possible.

Documents Required for Pvt Ltd Company

  • Company & All Directors PAN Card copy.
  • All Directors Adhar Card Copy.
  • Company TIN & GST Registration certificate copy.
  • Company or Director's Residence Latest property tax paid receipt.
  • Company Last two Asst Yrs Saral,Total income statement,Form 3CA & 3CD,Sundry Debtors & Creditors Break up.
  • Directors Individual ITR forlast 2 AY YRS.
  • Latest CC Sanction Letter.
  • Term Loan Sanction Letter & Statement of A/C for last 18 Months.
  • Company CC & CA bank statement for last 6 months (soft copy in PDF format)
  • Latest list of Directors with share holding pattern in Company letter head attested by CA.
  • MOA & AOA wit certificate of incorporation.
  • Holding company list of Directors in company letter head attested by CA.
  • Individual Loan details of Directors if any.

Documents Required for Partnership firm

  • Company & All Partners PAN Card copy.
  • All Partners Adhar Card Copy.
  • Company TIN & GST Registration certificate copy.
  • Company or Partner's Residence Latest property tax paid receipt.
  • Company Last two Asst Yrs Saral,Total income statement,Form 3CA & 3CD,Sundry Debtors & Creditors Break up.
  • Partner's Individual ITR forlast 2 AY YRS.
  • Latest CC Sanction Letter.
  • Term Loan Sanction Letter & Statement of A/C for last 18 Months.
  • Company CC & CA bank statement for last 6 months (soft copy in PDF format)
  • Partnership Deed.
  • Individual Loan details of Partner's if any.

Documents Required for Proprietorship Company

  • Proprietor's PAN Card & Adhar Card copy.
  • Company TIN & GST Registration certificate copy.
  • Company or Proprietor's Residence Latest property tax paid receipt.
  • Company Last two Asst Yrs Saral,Total income statement,Form 3CA & 3CD,Sundry Debtors & Creditors Break up.
  • Latest CC Sanction Letter.
  • Term Loan Sanction Letter & Statement of A/C for last 18 Months.
  • Company CC & CA bank statement for last 6 months (soft copy in PDF format)

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