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.

Within an consultation that is initial expect you’ll be inquired about:

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

While you can find no set ‘standard’ requirements for loans, there are some factors that are basic many loan providers consider whenever evaluating your online business. Continue reading “The eligibility criteria for business loans vary with so many different lenders and products on the market.”