Creative Finserve Pvt. Ltd arranges Working Capital facility to its customer from Nationalise Bank, Cooperative Bank, and OtherPrivate Banks to the industry to finance day-to-day requirement. The working capital funds are generally required for purchase of raw materials, fuel, for payment of labour, power charges, for storing finished goods till they are sold out & other day today fixed activities by way of sundry debtors / receivables. Cash Credit facility is granted to the customers to bridge working capital gap.CC is granted by way of a running account, drawings to be regulated within the drawing limit permissible which is arrived at on the basis of composition of current assets and current liability based on the declaration in the stock statement in the prescribed format submitted by the borrower.

• Best tool to fill the working capital gap.

There are several steps in the CASH CREDIT process. Here are the steps in brief:

• Application form & Document submission
• Cibil report check
• Residence verfication
• Office verification
• Eligibility calculation
• Technical & Valuation
• Personal Discussion
• Credit decision
• Offer Letter
• Submission of Property documents & legal check
• Registration of property documents
• Signing of agreements and submitting post-dated cheques
• Disbursement

SELF EMPLOYED INDIVIDUAL

• An Indian Resident
• You should be Manufacturer of Trader
• You should be in business for a minimum of 3 years.
• You should be self employed Minimum 24 to maximum 65 years of age.
• Your current place of residence should be occupied for a minimum of 3 years in the city.
• You should have residence or office owned

PARTNERSHIP FIRM / PVT LTD FIRM

• An Indian Resident
• You should be Manufacturer of Trader
• You should be in business for a minimum of 3 years.
• You should be self employed Minimum 24 to maximum 65 years of age.
• Your current place of residence should be occupied for a minimum of 3 years in the city.
• You should have residence or office owned.

To qualify for a Cash Credit, most of the lending institutions in India require you to be:

Documents	Self Employed Properitorship Firm	Self Employed Partnership Firm	Self Employed Pvt Ltd / Ltd
Application Form With Photograph Duly Signed
Clear Pancard Copy, (Applicant & Co-Applicant)
Latest Residence proof (Applicant & Co-Applicant)
Latest Office Proof (Applicant & Co-Applicant)
Last 12 Months Bank Statements
Processing Fee Cheque
Form 16 / Income Tax Returns Of Last 3 Yrs
All Loan Sanction Letter If Any
Business Profile
Proof Of Business Existence ( Gumasta License , Sales Tax Certificate , Form 26AS , )
Last 3 Years Income Tax Returns With Computation Of Income
Last 3 Years CA Certified / Audited Balance Sheet And Profit & Loss Account
MOA /AOA
Partnership Deed
Company Pancard Clear Copy
Shareholding Pattern On Letterhead
Sundry Debtor & Creditor List Last 1year
Property Papers ( Chain Of Agreement & Share Certificate ) / Draft Agreement