5 Factors that Effect Your Business Loan Eligibility
                     5 Factors that 
Effect Your 
Business Loan 
Eligibility
Business plan
� Like a personal loan, you 
will not get a loan when 
you ask for without 
stating your plan. A 
business loan will need 
a well proof plan to work 
you out. If the loan 
provider feels that the 
plan will work and will 
reap profits in the future, 
you are good to go.
Income
Your income will be considered. 
It is an important eligibility 
check done on borrowers. If 
your business is there in the 
market for a year, the loan 
provider will see the income 
earned. And in case you are 
starting, the business plan will 
be considered..
Credit History
� Your credit score and 
credit history will be 
considered before 
approving your business 
loan. If you are having an 
impressive score, it 
proves your repayment 
ability.
Age 
� Age will be an important 
eligibility check when you 
apply for a business loan. The 
minimum age for taking a 
business loan is stated as 25 
years and higher. Anyone who 
is below that can be a little 
risky, during the repayment. 
Age is very important to 
understand the mentality and 
ability to repay the loan.
Documentation 
� You need to present every 
document on the table. 
You cannot miss one as 
that can delay or reject 
your loan application. 
Identity proof
Address Proof
Ownership proof
Business continuity proof
Contact Us  
 Address: 901b, 9th Floor, Two 
Horizon Centre, DLF Phase V, 
Gurgaon, Haryana, India – 
122002
 Telephone No: 1800 200 9898
 Email: [email protected]
 Website:https
://www.clix.capital/business-l
oan/
Than
ks!