What documentation is required to apply for an eCommerce loan?

The key documents typically required when applying for an eCommerce business loan:

• Identity and address proof of the business owner/s such as Aadhaar, PAN card, passport, etc.
• Business registration documents - Certificate of Incorporation, Goods and Services Tax (GST) certificate, Micro, Small, and Medium Enterprises (MSME) registration, etc.
• Financial statements for past 2-3 years , Profit & loss (P&L) statements, balance sheets, Income tax Returns (ITRs)
• Bank statements for the business account for the last 6/12 months
• Details of online marketplaces selling on - Amazon, Flipkart, Myntra, etc
• Some loan providers may ask for ecommerce platform dashboards reflecting sales and traffic metrics
• Purchase and sales invoices and transaction statements as proof of business activity
• Collateral documents like property papers, if applicable
• Business plan with background and projected financials
• Quotes for purchase to be financed through a loan
• Other permits and licences depending on business activity (if required)