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Business Loan Eligibility: Key Requirements

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Business loan eligibility varies by lender but generally includes factors like business type, turnover, credit score, and years in operation. Most banks require a minimum business vintage of 1–3 years and a satisfactory credit report. Documentation such as income tax returns, bank statements, and GST filings is also mandatory. Understanding these eligibility norms helps business owner... https://flexiloans.com/business-loan/business-loan-eligibility-criteria

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