Debt Fund Raise · Question

What documents do lenders ask a company for in a debt raise?

Short answer

Lenders generally ask for company incorporation and statutory papers, promoter identity and address proofs, several years of audited financials with recent provisional figures, bank statements, tax and GST filings, details of existing borrowings, security documents and, for expansion, a project report. The exact list varies by lender and product, so ask for their checklist early.

In more detail

It helps to group the paperwork by what the lender is trying to confirm.

On who you are, expect the certificate of incorporation, charter documents with later amendments, board resolutions authorising the borrowing and naming signatories, identity and address proofs for directors and key promoters, and details of group companies and shareholding.

On how the business performs, lenders ask for audited statements and tax returns for the past few years, provisional figures for the current period signed by management, recent bank statements for operating accounts, and GST returns that they compare with bank inflows. A schedule of existing loans with outstanding amounts, security and repayment record is also standard.

On what you want and what you offer, the file usually includes:

A note on the purpose of the loan and how it will be repaid.
For expansion or new units, a project report with costs, means of finance and projections.
Title and valuation papers for any property offered as security.
Quotations or orders for machinery or contracts being funded.

Make the files consistent

Lenders cross-check names, addresses and figures across documents. A mismatch between a bank statement and a GST return is a common reason for queries and delay.

Keep documents current and legible, and name files clearly. Expect follow-up requests after the first review; they are normal and rarely mean a refusal.

Key points

Group papers into identity, financial performance, and purpose with security.
Audited statements plus recent provisional figures are almost always requested.
Lenders compare bank, GST and accounting data, so consistency matters.
Expansion proposals need a credible project report with realistic projections.
Ask your lender for its own checklist before assembling the file.

Who this applies to

Private limited and public limited companies applying for term or working capital debt.
Finance teams assembling a first lender submission.
Promoters wondering why a lender keeps asking for more papers.

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.