Un-Secured Loans

Vendor Finance
Onward 6.50%.

Vendor Finance is a type of loan where a finance company gives money directly to a vendor or seller so they can offer easy credit options to their customers. This helps customers buy products without paying full amount at once. The vendor gets payment quickly, and the finance company collects money from the customer in installments.

Application

Please provide your business and financial details for quick loan assessment.

Vendor Finance Eligibility Criteria

Understand the complete eligibility structure for vendor finance, including business stability, credit score, repayment behavior, and financial strength.

What do you mean by Vendor Finance Eligibility Criteria?

Vendor finance is a working capital facility that helps businesses purchase goods and inventory without immediate payment and allows repayment after sales are made. It supports smooth cash flow and business growth.


Eligibility depends on your business turnover, repayment history, creditworthiness, and overall financial stability.

Vendor Finance Eligibility Criteria

  • Age Limit: 25 to 65 Years
  • Minimum 3 Years Business Continuity
  • Credit Score Above 750 Required
  • Resident of India
  • Applicable for Individuals, Firms & Companies
  • Maximum Loan Amount: Up to ₹20 Crore

Eligible Business Types

  • Individuals
  • Proprietorship Concerns
  • Partnership Firms
  • Private & Public Limited Companies
  • Authorized Vendors & Distributors
  • Trading & Supply Businesses

Factors Affecting Eligibility

Credit Score

A low credit score due to missed or delayed payments can reduce approval chances.

Business Continuity

Less than 3 years of business history may lead to ineligibility for vendor finance.

How to Increase Eligibility

Required Documents

Documents Required for Loan Processing

Keep the following documents ready for faster approval and smooth verification. Select your applicant type and check the complete checklist.

Individual

Personal Applicant
  • Photographs - 2
  • PAN Card Copy
  • Aadhaar Card + Passport
  • Address Proof (If Rented Also Permanent Address Required)
  • Last 3 Years Form-16, ITR with Computation of Income (If Filed)
  • 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

Proprietor Firm

Business Applicant
  • Photograph (Both)
  • PAN Card Copy of Proprietor
  • Address Proof (Passport / Voter ID Card)
  • Office Address Proof (Electricity Bill / Telephone Bill)
  • Firm Registration Certificate & GST Registration Copy
  • Last 1 Year GST Return Copy
  • 3 Years ITR, Profit & Loss, Balance Sheet, Tax Audit Report & Annexures
  • Provisional Financial (AY 2019-20)
  • Bank Accounts (Current, CC, OD – Last 1 Year Updated)
  • 6 Months Saving Account Statement (Proprietor)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers with Chain & Sanction Map

Partnership Firm

Partnership Business
  • Photographs of Partners
  • PAN Card (Company & All Partners)
  • Address Proof (Passport / Voter ID / PAN / Aadhaar for all partners)
  • Firm Address Proof (Latest Utility Bill)
  • Partnership Deed Copy
  • GST Certificate
  • GST Return (Last 1 Year)
  • 3 Years Company ITR, P/L, Balance Sheet, Audit Report (3CB/3CD) with Annexures
  • Provisional Financial (AY 2019-20)
  • 3 Years Individual ITR of All Partners
  • Firm Bank Statement (Last 1 Year Updated)
  • All Partners Saving Account Statement (6 Months)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Map

Pvt. Ltd.

Corporate Applicant
  • All Directors Photograph
  • PAN Card (Company & All Directors)
  • Address Proof (Company & Directors)
  • List of Directors & Shareholders (CA Certified)
  • Memorandum & Articles of Association (MOA)
  • GST, Sales, VAT & SSI Registration Certificate
  • 1 Year GST Returns
  • All Directors ITR & Computation (Last 3 Years)
  • Last 3 Years Financial Statements with Audit Report & Annexures
  • Provisional Financial (FY 2019-20 / Monthly Sales Last 1 Year)
  • Company Bank Statements (Last 1 Year Updated)
  • Directors Saving Account Statement (6 Months)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Sanction Map
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