How do you qualify for a business loan?

1
How do you qualify for a business loan?

2
Here are some factors lenders take into
consideration before granting business loans

• You can easily get a business loan with the help
  of the right eligibility criteria. Eligibility
  has various factors and you need to meet them all
  for a low business loan interest rate. For
  start-ups, it becomes more important because
  there is less exposure to the market and low
  revenue to convince the financial institutions.

3
Documentation for business loans

• PAN Card/Driving License/Passport/Voters
  ID/Aadhar Card
• Passport/Driving License/Voters ID/Aadhar
  Card/Utility Bill/Bank Statement/Bank Account
  Passbook
• All documents have been updated in the last 3
  months.

4
Eligibility for business loan

• A good business plan A well-drafted business
  plan makes way for approval. You can easily get a
  business loan based on your plan. Build it
  meticulously so that you can get the right amount
  of loan. Stress about small and big details of
  your business and keep the focus on generating
  revenue. Keep an outline index so that it is
  interesting and you get a low business loan
  interest rate.
• Business credit score A business credit score
  works for a business loan. However, if your
  business is very new and does not have a lot of
  credit history, use your personal credit score.
  Business owners need to offer their credit score.

5
Cash flow and cash reserve

• Show the financial institutions the cash flow
  statement and also the cash reserve at the time
  of contingency. This will speak about financial
  stability in business and you will get approval.

6
Finishing up

• Keep the business loan interest rate low with
  good eligibility criteria. Have all your
  documents right and meet the criteria to get an
  amazing business loan interest rate.

7
Clix Capital Services Private Limited

• Address
• 901b, 9th Floor, Two Horizon Centre, DLF Phase V,
  Gurgaon, Haryana, India 122002
• Phone Number 1800 200 9898
• Email us at  hello_at_clix.capital
• Website www.clix.capital

8
(No Transcript)