| To qualify for any small business start up loans you will | | | | permission to get a copy of your credit report. Next |
| need to go through the same basic steps. First you will | | | | you will need to complete the application form and put |
| need to request a loan application package. Second | | | | together your application package following the |
| you will need to read through the information to learn | | | | instructions that came with the application. Finally you |
| about what documents, reports, and materials will be | | | | will need to meet with the lender for an interview. |
| needed. Next you will need to put together a business | | | | During this interview you will basically pitch your |
| plan or prospectus. If you have never put one of these | | | | business idea and provide the lender with an argument |
| together before you may want to hire a financial | | | | about why your business will be successful and what |
| services professional to help you with the business | | | | you have to offer that your competitors don't. |
| plan and with the various financial reports that the | | | | The process of applying for and getting small business |
| lender will need to see. | | | | start up loans is not an easy one. It will take a lot of |
| In addition to your business plan you will also be | | | | work, a lot of time, and a lot of frustration. However, |
| required to put together various financial projection | | | | you can improve your chances of being approved for |
| reports. You will need to document the collateral that | | | | a small business loan by following the instructions |
| you have including real estate, vehicles, equipment, | | | | carefully, meeting deadlines, submitting all of the |
| prepaid services, and contracts for work or products. | | | | required documents, formatting your reports correctly, |
| You will also need to sign forms that give the lender | | | | and by projecting an air of professionalism at all times. |