The loan can be sanctioned by any bank or financial body which includes the agencies, various nonprofit corporations or organization which provides loans on low interests to business owners or consumers. To avail the bank loans there are specific list of checklist which may differ from type of loans. The checklist which is considered to qualify the loan are mentioned in the bank loan application form like personal and professional background, personal credit report, Business plan, Income tax returns information, bank statements and list of legal documents for smooth loan agreement process. |