Loan Services
Working capital and expansion funding for running businesses
A business loan funds the running or growth of a business — stock, wages, receivables, machinery or new premises. RUKKU arranges working capital limits, term loans and machinery finance for firms across the Erode–Tiruppur–Coimbatore belt.
The textile, poultry, transport and engineering businesses in this region share a common problem: money is tied up in stock and receivables while wages and supplier payments fall due every month. The right facility depends on which of those gaps you are actually funding.
A term loan suits a one-time purchase such as machinery or a building. An overdraft or cash credit limit suits a recurring gap, because you pay interest only on what you draw. Choosing the wrong one is a common and expensive mistake.
Business loan applications require documents that show the legal existence, financial performance and banking history of the business — the four groups below cover what almost every lender asks for.
- Common structures
- Term loan, cash credit, overdraft, machinery finance
- Typical tenure
- 1 to 7 years for term loans; limits renewed annually
- Security
- Property, stock, receivables — or unsecured for smaller amounts
- Assessed on
- Turnover, bank conduct, margins and filed returns
Who this suits
- The business has been running and filing returns for two to three years
- GST returns and bank statements that reflect the turnover being claimed
- Clean repayment record on existing facilities
- For secured facilities, property with a clear title to offer as collateral
Documents required for business loan
Business registration documents
- Udyam registration certificate / MSME certificate
- Business registration certificate, where applicable
- GST registration certificate, if applicable
- Other business licences or registration documents, where applicable
Income & financial documents
- Complete ITR for the last 3 years
- Relevant financial statements, if required
- GST 3B returns for the last 12 months
- GST-related documents
KYC documents
- Aadhaar card
- PAN card
- Active mobile number
- Email ID
- Address proof, if required
Banking documents
- Latest 12 months' business bank statement
- Existing loan statements and repayment details, if applicable
Exact requirements vary by lender, employment profile and loan amount. We confirm the precise list for your file before anything is submitted, so nothing comes back for a missing page.
Business Loan — common questions
A term loan is a lump sum repaid over a fixed schedule — right for buying an asset. A cash credit limit is a revolving facility you draw from as needed and pay interest only on the drawn amount — right for stock and day-to-day working capital.
For smaller amounts, yes, particularly under government-backed schemes for MSMEs. Larger facilities almost always need security. Our MSME loan page covers the guaranteed schemes in more detail.
It matters a great deal, because lenders assess what is filed, not what is claimed. If there is a gap, the realistic options narrow. We will look at your returns first and tell you what is actually achievable.
Business vintage, turnover, filed income, GST returns, banking transactions, existing liabilities and repayment history. Properly maintained financial and tax records make the entire documentation process faster and improve the terms you are offered.
Tell us what you need
A loan, a building, a plot — start with a conversation. We will tell you plainly whether we can help and what it will cost.