Having a student loan is not a deterrent to avail a business loan. However, you must also analyse the following factors

  • How long you are paying the student loan and the remaining tenure
  • Any defaults in repayments
  • Whether you are opting for a secured or unsecured business loan
  • Will your current debt have an impact on your business loan repayment?

If you have consistently repaid your student loan so far and your current loan will not have any impact on your future loan repayment, a business loan can be easily obtained through any lender.