Of course. You can get a loan if you meet the loan conditions and your income is twice the monthly payment of all loans. Considering whether the repayment of this commercial loan is overdue, the simple and popular understanding of the loan is to borrow with interest. Loan is a form of credit activity in which banks or other financial institutions lend monetary funds at a certain interest rate and must repay them. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.