Enterprise spends money in diverse products such as real-estate, computer hardware systems (servers, printers, datacentres etc.), transportation vehicles, machines and production equipment. This product makes it into a company’s property, plant and equipment (PPE), master account. Which ultimately constitutes the long-term assets account or capital resources account?
Capital expenditures usually involve sizeable investments, and enterprise employs clean procedures to ensure quick and accurate reporting & transaction of capital purchases. For this enterprise can raise finance to maintain these capital resources which includes replacement, modernization, investment in R&D, installation & upgradation of technology, plant & machinery acquisitions.
Raising finance to buy and maintain long-term assets.
Secured finance (hypothecation of equipment for which finance is done).
Quick and easy.
Who Can apply
Private Ltd, Public Ltd, LLP, Proprietor
Business continuity proof of last 3 years.
1 year bank statement of the company.
PAN card of the company.
PAN card of the Promoters/Directors.
Business registration document.
Company address proof.
3 years balance sheet, P&L with audit report.
1 year Loan schedule statement of any previous on going loan.
3 years I.T.R of the company.
1 year bank statement of the promoter and directors.