Your credit score is a crucial aspect that’s considered by the lender if you are looking for a business loan. If you are mortgaging your property then the lender or bank may not give much importance on credit score. But if you are looking for a collateral-free loan then having a decent credit score is important. Some companies like LendingKart offer loans with minimal documents. But it is always a good practice to clear your dues on time and maintain a good credit score.