Now individuals can also register companies, and the business license is a certificate issued by the administrative department for industry and commerce to industrial and commercial enterprises and individual operators to engage in a certain production and business activities.

if there is a company under the borrower's name, the bank may need you to provide a business license when it knows about it, so that on the one hand, it can get a higher loan amount, on the other hand, it can also keep the file, because some loan products are personal and cannot be used for business operations, and you may be advised to apply for business loans after comprehensive evaluation.