Generally, if you plan to apply for a business loan, it is best to have a business license, and the application will be faster. In addition, if you do not have a business license, you can also apply for a personal credit loan. Start a business.

Conditions for applying for a personal business loan:

1. Have full capacity for civil conduct and be under 50 years old.

2. Hold an industrial and commercial business license, tax registration certificate and relevant industry business license issued by the industrial and commercial administration authority.

3. Engage in legitimate production and business activities, the project has development potential or market competitiveness, and have the ability to repay the principal and interest of the loan on schedule.

4. Have good credit standing, comply with laws and regulations, and have no bad credit and debt records.

5. Have a fixed residence and business premises in the handling institution.