Credit Proposal

• Background & History of the Company including information on
  Group Companies
• Profiles of Board of Directors & Promoter including name, age,
  educational background and work experience
• Shareholding Pattern
• Products Manufactured
• No. of Plants & Locations, Capacities & Utilization Levels
• Raw Materials used, procured from & terms of payment
• Quality Control Measures
• Dispute Resolution Mechanism
• Competitors & Markets
• Top 5 debtors & their contribution to sales
• Future Plans of the Company & Expansion Planned – Details
  of the Project, Means of Finance, Start Date, Expected Date
  of Completion, Contribution to Turnover and Profitability
• Specific Plans for Achievement of Current Year Targets.
• Banking Relationships (Bank Name, Fund Based Limit, Non-
  Fund Based Limit)
• Half Yearly Results / Latest Results (provisional)
• Two Year Projections (as submitted to WC Bankers)
• Comment on Top Line/ Bottom Line including reasons for
  increase / decrease
• Comment on Debtors of more than 6 months, if any
• Comment on Contingent Liabilities, if any

Date:

Nidhi Resources.
720, 7th Floor,
Reena Complex,
Vidyavihar (West),
Mumbai – 400 086

Dear Sir,

This is with reference to the discussion we had with you for arranging Domestic Factoring Facility for our company. You will be paid service charges of 0.50% for the facility arranged.
50% of the fees will be paid immediately on receipt of the Sanction Letter and balance 50% on Disbursement. If the disbursement is not availed within 30 days, balance amount will be paid immediately.
Thanking you.

Yours truly,
For ————
Authorized Signatory

• Company Profile
• All documents related to Property and latest valuation report
  of the property
• Detailed list of all the bank accounts with names of banks,
  types of accounts, details of facilities and outstanding as on
  33.2007 [with copies of Sanction Letters Statements of
  accounts and latest Reconciliation Statements]
• References with contact numbers & Details of associates /
  sister concerns, if any
• Copy of Audited Accounts along with Tax Audit Report for the
  years 2005, 2006 & 2007
• Details of Sales & Purchases during April ’07 to July ’07
• Half Yearly Results/ Latest Results (provisional)
• List of present directors’ Share Holding Pattern & copy of MOA
  and AOA
• Copies of SSI Registration Certificate & pPollution Control
  Board Approval Certificate [if applicable]
• PAN Card No., Date of Birth and Residential Address (with
  residence telephone numbers), Full Name (including middle
  name) of the directors.
• Net Worth Statement of the directors
• Certificate of Incorporation
• Copy of Annual Return establishing the Shareholding Pattern
• Proof of Individual Identity for all the authorised signatories,
  all Principle Shareholders (with more than 10% shareholding)
  and at least 2 directors (including the Managing Director) for
  sole proprietorships
• Proof of Identity (Sales / VAT / Service Tax / Excise
  Registration / Registration under shops and Establishment
  Act / PAN Card ID / IT Return of the concern / Water /
  Electricity / Municipal Tax Bill / Map in Card in the name of the
  concern
• Copy of Form 32 filed with ROC
• PAN Card / PAN Card Allotment Letter / Form 60 of the
  concern