How do you apply for a business loan? and what kind of information do I need to apply?
by 
MTank411
ANSWERS: 2
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Go to several banks and ask. Get info from each to get the best deal for you. Interest and terms will vary. You will need your financial history information. If it is an existing business you will need info about business capital and debt. For my business loan I also needed personal finance info such as home ownership. They will want to know when you bought your house. They will also want to know about any outstanding loans you may have such as car or educational loans. They will want to know where your money commes fromm every month and where your money goes every month. Good luck!
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A new business you will need a business plan. an established business, will be easier.
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