Hi, I'm a newbie here, does anybody know what condition or terms that we need to apply a business loan?

Besides, which bank gives a better offer?

Which mean u have two loan (example- housing loan and hire purchase) late 2 mths for make the payments.
- If this happen in two loan, still can proceed but interest not nice and may take longer time to get the money. Because have to go through higher management approval.
- some bank very restriction for those people have "2" in ccris or even directly decline before proceed loan application.

Hope this can help.

---

Added on December 5, 2012, 10:55 pm
Biz not that suffer to apply, but need time to "adjust".
Normally company will do "lose" in their account.(run away TAX). But this really big impact for applt BIZ loan. (But still have solution for settle this).

If apply OD or trade facility then you may require provide solid biz plan, but if looking for term loan with no collateral- this is not so important.