First of all, we bring you to see what conditions banks make when applying for a bank loan to determine whether you are eligible for a loan. In other words, if you are an individual, what conditions must you meet first? These conditions include:

What are the conditions for a self-employed person's loan

Condition one, you need to be between 18 and 60 years of age and have full civil capacity。

Condition two, you need to have legal business qualifications, for example, you can provide an individual business business licence from the business sector and your business project has been in operation for over a year。

Condition 3 requires a local permanent residence permit, which can be proved by providing a civil registration certificate or a permanent residence certificate。

Condition four, you need to have a steady income, which can be demonstrated by a flow of water from the bank to ensure that you have sufficient capacity to repay the loan interest on time。

Condition Five, you need a fixed business space and a stable business。

Condition Six, you need a good personal credit record, which means that you cannot have any late or other bad repayments on the letter。

Condition 7, you need to be able to provide a bank-approved guarantee, mortgage or pledge。

You need to open a personal settlement account at the loan bank。

Qualification nine, conditions set by other loan lines。

For the application process for bank loans, please refer to the following steps:

First, the bank reviews your application for a written loan and the purchase and sale contract, the relevant financial statements, and processes the loan guarantee or loan collateral information you provide

Second, the bank will decide whether to grant a loan in the light of the results. If you agree, you also need to obtain a loan operating licence from the financial administration of the local county and city People ' s Bank and to open a basic or auxiliary settlement account at the bank

Finally, the loan bank transfers the loan funds into an account you have just opened, so that you can use them for the purpose for which you applied。