ReferLoan

Eligibility

Eligibility

The eligibility criteria for opting for bill discounting is varying from one lender to the other that are lending their services in the market. The eligibility is defined by the financial banks and institution that is offering the loans.

 

Are there factors that affect the eligibility while opting for vendor discounting?

  • Business vintage
  • Business volumes along with the annual turnover
  • Financial stability of your business
  • Repayment history of the business owner and business along with the capacity
  • Business positive net worth or the profitability that is being earned by the business
  • Previous loan defaults that are prevalent in any of the chances