GettyToo often, a small business owner looking for a bank loan is really a small business owner looking for a miracle. Start by creating a comprehensive business plan. It’s convenient to break down a business plan into four main areas:1. Use of funds: One of the most important questions a lender will ask is what you plan on using the funds for. A well-crafted business plan will show lenders that you’re serious about your goals and school you on what it’ll take to reach those goals.

Source: Forbes June 04, 2019 10:52 UTC