I had applied for a loan few weeks back but I need to apply for a second one since I require more funds for my business.Can you tell me how can I do that?

#1

I want to know how do I apply for the loan a second time.

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#2

Here’s how you can apply for a loan the second time:

  • Firstly select a lender and conduct some research if you have to. You can go for the same you previously had taken a loan from or choose a new lender. If you go for the same lender, it will save time.
  • Even if you go for the same lender, your eligibility would be verified again. So make sure, you know the lender’s eligibility criteria well in advance.
  • Also, another important thing is to check the terms and conditions of the lender.
  • So, make sure you choose the right lender for the second time.
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