FEATURES AND BENEFITS

Our technological capabilities help us assess credit risks through modern analytics and deliver a seamless borrowing experience.

Unsecured Loans Upto 20 Lakhs

No Financial Documents Required

Loan Disbursement in 5 Days

FREQUENTLY ASKED QUESTIONS

1. What is a GST Surrogate Business Loan?

A GST Surrogate Business Loan is a product offering to MSME business owners to procure funding based on their GST record. If you are an MSME entrepreneur with at least 2 years of GST record, this loan would be the recommended choice for your business.
While the possibilities are endless, here are some common purposes for which a GST Surrogate Business Loan can be procured for your business:
- Meeting working capital requirements
- Procuring raw material
- Fulfilling bulk orders
- Maintaining a healthy cash flow
- Purchasing inventory
- Paying suppliers in advance
- Paying for overhead costs like salaries, rent, office expenses etc.
All you need to do is,click here to easily apply for a GST Surrogate Business Loan and upload the required documents. We will review your application, call you with our best offer based on your eligibility and disburse the sanctioned loan amount.
Here are the basic requirements for your business to be eligible for a GST Surrogate Business Loan:
- Promoter’s age should be between 25-60 years
- Business should be at least 3 years old
- Self-Owned Residence or Office
- Have a minimum annual turnover of Rs. 2 crore
- Have Bank statements for the last 6 months
- Should not fall under blacklisted list of SBA finance
- Business location should not fall under Ashv’s negative area list
- Trusts, NGOs and charitable organizations are not eligible
You can avail a GST Surrogate Business Loan between Rs. 5 lakh to Rs. 20 lakh.
You can avail a GST Surrogate Business Loan for a maximum of 24 months.
- KYC of the shop owner
- Proof of Ownership for residence / office
- GST Registration Certificate
- GSTR 3B for the last 24 months
- Business bank statements for the last 6 months
- ITR & Computation of Income for the last 1 year
- Loan obligation sheet