Nowadays, many young people are not satisfied with excellent employment, but have embarked on the road of entrepreneurship with an attitude of hard work. But the reality is often cruel, and many people have stopped at venture capital before they start. In fact, small business loans can help you, so what are the conditions for applying for small business loans? Let's take a look!

1, age requirement. The borrower is a citizen of China with full capacity between 18-50 years old, and priority is given to those with employment difficulties and those who have passed entrepreneurship training.

2. Project requirements. The selected entrepreneurial projects must meet the national entrepreneurial project standards and have certain development potential.

3. own funds. It has its own start-up funds, because the amount of start-up loans shall not exceed 70% of the total start-up funds.

4. Business premises. There is a fixed business place, and the business license is required if the entrepreneurial project has started to operate.

5. Repayment ability. Applicants should have sufficient repayment ability and repay the principal and interest on a regular basis.

6. Credit requirements. Personal credit record is good, and there is no overdue or other bad credit record.

7. Settlement account. The applicant needs to open a settlement account in the bank where the loan is made, and the operating income needs to be settled by the bank.

8. Loan guarantee. Small business start-up loan application needs to provide certain guarantees, including real estate mortgage or third-party guarantee, which is also conducive to the increase of loan amount.

The above are the conditions for applying for small business loans, which are listed in detail here. In addition, banks may require different conditions, and there will be other requirements, depending on the bank.