Is there a minimum credit score required for Toll Finance?

Yes, most financial institutions require a minimum credit score for Toll Finance approval. Typically, a score of 650 or above is preferred to secure favorable loan terms. A higher credit score increases the likelihood of approval and can help you secure lower interest rates. Factors affecting your credit score include:

• Repayment History: A consistent track record of timely repayments improves your score.
• Existing Loans: A low debt-to-income ratio enhances your chances of loan approval.
• Business Financial Health: Financial institutions evaluate your business’s cash flow and revenue to ensure that your financial profile supports the loan amount.

If your score is lower than the threshold, it may still be possible to obtain toll finance but expect higher interest rates or additional requirements from the financial institution.