The LoanOne assessment criteria for fast business loans
Once your online loan application is pre-qualified, our lending staff assess the application based on personal details, income and expense details submitted with the online application.
LoanOne assesses the loan purpose, loan amount, assets owned, existing loan contracts, credit history, and daily living expenses.
Like banks and other financial providers, documentary evidence of your identity and business registration is required. This process is no more complicated than applying for a debit or credit card with a bank. The verification adheres to the “100 Point Table” required for passport applications and bank account applications.