Modern financial lenders have shifted the entire business loan applications process through online proxies. Customers are asked to input their basic details such as phone number and email address. After which an authorized executive from the bank will come and check all the details of the customers and verify the eligibility criteria. Sanction of the business loan in Indore undergoes a strict vetting process of the bank statements and credit scores which will, in turn, preclude the risk factors of loan default.