Debt Restructuring · Question

What documents should I gather before asking for a loan restructuring?

Short answer

Assemble papers that explain why repayment slipped and how it will recover: recent financial statements, bank statements for every account, a current debt schedule, stock and receivables ageing, a forward cash flow projection, and a short written request. A lender reviews evidence, so an incomplete or stale pack is the commonest reason a request sits unanswered.

In more detail

Think of the pack as answering three questions in order: what happened, where do you stand today, and what will repayment look like from here. Each document should serve one of those questions, and the numbers across them should agree with one another.

What each document helps the lender confirm
Document	What it shows
Latest audited and provisional financials	Profit trend and balance sheet strength
Bank statements, all accounts	Real inflows, outflows and any diversion risk
Debt schedule across lenders	Who is owed what, on which terms and security
Debtor and creditor ageing, stock list	Quality of current assets and pressure from suppliers
Cash flow projection with assumptions	Whether the proposed repayment is believable
Statutory compliance proof	Tax, provident fund and GST are being kept current

Add a brief note, ideally two pages at most, describing the cause of stress in plain language and the relief you are asking for. A lender's credit team reads many of these; clarity helps.

Make the numbers tie

Before sending, check that the debt schedule matches the lender's own statement, and that projected sales are consistent with the order book you can evidence. Mismatches invite questions and delay.

Your lender may also ask for promoter net worth statements, details of other loans, security documents and a stock audit. Ask the relationship manager for the checklist the credit team actually uses, because internal requirements differ between institutions and may change.

If your books are behind, finish them first. A request built on stale numbers tells the lender you may not know your own position.

Key points

Cover cause of stress, current position and the proposed repayment path, each backed by a document.
Bank statements for all accounts matter as much as the financial statements.
Keep every figure consistent across the pack and with the lender's own records.
Ask the lender for its checklist rather than guessing what the credit team needs.
Update overdue books before submitting; stale numbers weaken the whole request.

Who this applies to

Borrowers whose repayments no longer match cash flow and who are preparing to approach the lender.
Finance heads building the request pack for the promoter to present.
MSME owners whose accountant has not yet closed recent periods.

Last reviewed 3 October 2026

This answer is general information, not advice on your particular case. Terms, eligibility, and requirements change, so check the current position with the relevant institution or authority. Lalsar Holdings' financial advisory and financing work is advisory and facilitation only. Lalsar Holdings is not a lender. Sanction and disbursement of any credit facility is at the sole discretion of the partner bank, NBFC, or financial institution involved, subject to their own eligibility criteria and credit policy.