1. The borrower must have full capacity for civil conduct and local household registration;

2. Must have a fixed business place or address, and operate legally, with stable and sufficient operating income as the first source of repayment;

3. Being able to provide legal, sufficient and easy-to-realize collateral;

4. Open a deposit account in a loan bank.

The function and significance of business license;

1. Legitimacy certificate: the business license is the certificate of the legitimate operation of the enterprise, which indicates that the enterprise has passed the examination and approval of the relevant departments and has legal person status;

2. Market access: Enterprises with business licenses can carry out business activities within the scope permitted by law, which is the basic threshold for entering the market;

3. Trust basis: when cooperating with foreign countries, the business license is the embodiment of the reputation and strength of the enterprise, which helps to enhance the trust of partners and consumers;

4. Financial management: Business license is a necessary condition for enterprises to open bank accounts, handle tax registration, apply for loans and other financial activities;

5. Legal liability: If there is a legal dispute in the course of operation, the business license is an important basis for determining the legal liability of the enterprise.

To sum up, the conditions for applying for a business license loan include: the borrower has full capacity for civil conduct, has a local household registration, has a fixed business place or address, operates legally, has stable and sufficient operating income, can provide legal, sufficient and easy-to-realize collateral, and opens a deposit account with the loan bank.

Legal basis:

General principles of loans

Article 17

The borrower shall be an enterprise (legal person) with People's Republic of China (PRC) nationality, other economic organizations, individual industrial and commercial households or a natural person with full civil capacity approved and registered by the administrative department for industry and commerce (or competent authority). Borrowers applying for loans should meet the following basic conditions: marketable products, profitable production and operation, no misappropriation of credit funds, and strict adherence to credit:

(1) It has the ability to repay the principal and interest on schedule, and the original loan interest payable and the due loan have all been paid off; If there is no repayment, a repayment plan approved by the lender has been made.

Two, except for natural persons and institutions that do not need the approval and registration of the industrial and commercial departments, the annual inspection procedures shall be handled by the industrial and commercial departments.