The borrower must meet several basic conditions: 1. It is established with the approval of the administrative department of the State Administration for Industry and Commerce, registered and holds a business license; 2, the implementation of independent economic accounting, independent operation, self financing. That is, enterprises have the right to engage in production, commodity circulation and other business activities independently, have independent operating funds, independent financial plans and accounting statements, rely on their own income to compensate expenses, independently plan profits and losses, and independently sign purchase and sale contracts; 3. Have certain self-owned funds; Other references:/question/344300413/answer/1520985410.