<h1>Business loan approval requires 1-3 years operational history, credit score above 700, proper documentation and stable revenues</h1> Indian lenders evaluate business loan applications based on multiple criteria including business operational history of 1-3 years, applicant age between 21-65 years, credit scores above 700, minimum annual turnover requirements, and business entity type. Assessment includes debt-to-income ratios, existing liabilities, industry risk factors, and collateral for secured loans. Complete documentation including tax returns, bank statements, registration certificates, and financial statements is mandatory. Lenders prefer established businesses with stable revenues, strong credit history, and proper legal structure. Understanding these requirements helps businesses prepare effectively and secure better loan terms with lower interest rates.