As an economic entity, the business license of self-employed individuals is a legal business license certificate, which can be used as one of the necessary materials for applying for loans. However, when banks or financial institutions apply for loans, they will evaluate the credit risk of individual households according to their operating conditions, credit records, repayment ability and other factors, so as to decide whether they can lend, loan amount and interest rate. Therefore, self-employed individuals need to do business management well before applying for loans, improve their credit records and repayment ability, thus increasing the success rate of loan applications. At the same time, you can also choose to have more flexible loan products, such as micro-loans and credit cards, to meet the capital needs of self-employed.
The conditions of self-employed loans vary according to the requirements of banks or financial institutions, but usually the following basic conditions need to be met:
1. It has a legal business license and relevant certificates of individual industrial and commercial households;
2. It has stable operating conditions and income sources;
3. Have a good credit record and repayment ability;
4. Adequate repayment guarantee measures, such as providing collateral or guarantor;
5. Meet the requirements of other banks or financial institutions, such as age, assets and liabilities.
To sum up, different banks or financial institutions may have different conditions and requirements for self-employed loans, and the specific requirements need to be determined according to the actual situation. When applying for loans, self-employed individuals need to provide relevant information and certificates, such as business license, financial statements, personal identification, guarantor or collateral certificate, etc. In addition, self-employed individuals also need to fill in application forms and other related documents according to the requirements of banks or financial institutions, and provide repayment on time. In order to improve the success rate of loan application, self-employed individuals need to do business management well before applying for loans, improve their credit records and repayment ability, so as to improve the success rate of loan application.
Legal basis:
Article 36 of People's Republic of China (PRC) Commercial Bank Law
When a commercial bank lends money, the borrower shall provide a guarantee. Commercial banks should strictly examine the repayment ability of guarantors, the ownership and value of collateral, and the feasibility of realizing collateral. After examination and evaluation by a commercial bank, it is confirmed that the borrower has a good credit standing and can repay the loan, and no guarantee may be provided.