The eligibility criteria for business loans vary with so many different lenders and products on the market.

The eligibility criteria for business loans vary with so many different lenders and products on the market.

In a initial assessment, expect you’ll be inquired about:

  • Profit and turnover
  • Bank statements
  • Filed reports
  • Loan amount vs. Return
  • Trading history
  • Re re Payment history ( e.g. CCJs, belated re re payments)

While you will find no set ‘standard’ requirements for business loans, there are many factors that are basic many loan providers glance at whenever assessing your online business. Weiterlesen