1. If one party only provides the business license, the loan is not allowed. In addition to the business license, the parties should also provide the loan application, my identity certificate and other relevant materials that can prove that the parties meet the loan conditions.

2. Legal basis: Article 11 of the Interim Measures for the Administration of Personal Loans.

Personal loan application shall meet the following conditions:

(1) The borrower is a People's Republic of China (PRC) citizen with full capacity for civil conduct or an overseas natural person who meets the relevant provisions of the state;

(2) The purpose of the loan is clear and legal;

(3) The amount, duration and currency of the loan application are reasonable;

(4) The borrower has the willingness and ability to repay;

(5) The borrower's credit status is good and there is no significant bad credit record;

(6) Other conditions required by the lender.

2. What is the process of obtaining a business license?

1. Apply for pre-approval of company name;

2. Go through the registration procedures for the establishment of the company;

3. Obtain a business license.

To establish a company, it shall apply to the company registration authority for registration of establishment according to law. Those that meet the conditions for establishment as stipulated in this Law shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority. Applying for a business license requires the pre-approval of the enterprise name, and individual industrial and commercial households do not need approval. The applicant provides proof of identity, proof of business premises, etc. After examination and approval by the registration authority, the business license shall be obtained within the time specified in the announcement.