Business Loan Eligibility Calculator
Check your business loan eligibility, calculate EMI, and get instant recommendations.
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How to Check Business Loan Eligibility
To check your business loan eligibility, calculate your net monthly income (monthly revenue minus existing EMIs or loan repayments). Most lenders allow a maximum loan amount up to 5 years of net monthly income. Use our calculator to instantly see if you qualify and get a recommended loan value.
- 1Enter Revenue & LiabilitiesInput your monthly business revenue and all existing loan repayments.
- 2Check EligibilityThe tool calculates your maximum eligible loan and compares it to your desired amount.
- 3Review ResultsSee if you are eligible and get a recommended loan value if not.
Tips to Improve Business Loan Approval Chances
Increase your chances of business loan approval by following these best practices. Lenders look for strong financials, low liabilities, and realistic loan requests.
- Maintain a Healthy Revenue-to-Debt RatioKeep liabilities low compared to your monthly revenue.
- Reduce Existing LiabilitiesPay off outstanding loans before applying for a new one.
- Choose a Realistic Loan Amount & TenureRequest an amount and tenure that matches your business's financials.
- Keep Financials Up to DateMaintain accurate business records and documentation.
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