401-4th Floor,K.C.Complex,
Opp. Daulat Bagh, Ajmer (Raj)

1800-180-6014
1800-123-2090

Mon - Sat 10.00 - 18.00
Sunday CLOSED

Overview

What exactly is Expansion ?

Expansion Financing is a capital used to extend the size of a corporation through a variety of means. Expansion financing can be used for internal growth via organic measures such as launch of new products or the achievement of new customers. Expansion financing can also be used for external growth through execution of mergers and acquisition.In its most simple application, expansion financing is money used by a corporation to increase its working capital or productive capacity to promote growth. While not directly connected to any one form of capital, expansion financing can be a loan, an equity investment of a combination thereof.

Merits/Pros

Favorable Financing Opportunities

Relocation Possibilities

Consideration

Easy to get

Longer tenure

You'll make more money

Documents Required

Proof of individual’s identity (We also require same KYC of co-applicant)

ID Proof, (if any)

  • PANcard compulsion
  • Aadhar Card
  • Voter ID
  • Driving License

Residential Proof (any of two)

  • Ration Card
  • Electricity Bill (latest)
  • Water Bill (latest)
  • Landline Bill (last three months)

(Relationship proof to be taken, in case of no separate residential proof available).

Income Documents

For Salaried

  • Latest 1 month salary slip
  • Last 1 year form-16
  • 4 months salary slips in case of variable salary

For Business

  • Last 2 year ITR with CA certified or audited financial ITR.
  • Partnership firm last 3 years ITR.
  • Balance Sheet all scheduled and tax-audited report.
  • Copy of partnership and of partnership firm.

Banking Documents

For Salaried

  • Last 6 months banking showing salary credit.
  • Banking of other accounts from where EMI of loan are being repaid.

For Business

  • Latest 6 months banking of CC limit & customer current/saving accounts.
  • Banking of other accounts from where EMI of loan are being repaid.

Compulsory Documents

  • Office addresses proof to be taken as per policy.
  • 2 Passport size photographs.

Note- Above mentioned terms & conditions may change from time to time as per company’s policy without notice.