Mumbai, January 7: The power of good credit score cannot be undermined. It can instead turn your proposal for business loan into a great deal. Business loans cater to all kinds of business needs. This includes self-employed professionals, retailers, sole proprietorship, private limited companies or firms, which are into partnership. A business loan can be secured and unsecured, or can be for long or short term. Many banks and Non-Banking Financial Companies (NBFCs) in India provide business loans to support your growing business or for starting a new one. How much business loan an individual is eligible for varies from bank to bank.