Loan Pre-Qualification Overview
Is primarily based on the business's revenue income over the last three years. This financial history is crucial in the assessment process, as it helps lenders determine the business's ability to repay the loan.

Importance of Revenue History

Lenders require the revenue figures from the past three years to establish a reliable pattern of income. This information is used to calculate the maximum loan amount for which the business may qualify.

Repayment Terms
The amount a business can borrow is directly linked to what it can afford to pay back over a period of 10 to 20 years. The historical revenue figures serve as a foundation for deciding the loan size, ensuring that repayment schedules are manageable within this timeframe.