It’s getting tougher and tougher these days to get any sort of loan. Don’t give up yet! You do have some control over your options. Before you apply for a small business loan, prepare yourself with positive borrower attributes that lenders are looking for, and you’ll have better success.

• Demonstrate how you plan to turn a profit or boost revenues. Banks are more likely to lend money to those who are able to pay them back. If you’re just starting out, draw up a business plan. Don’t know how? Check out this free online webinar >> How to Write a Business Plan 
• Open a business bank account with the bank you want to borrow from. Some banks offer free business banking services with accounts that you can open online. Business Bank Accounts Online 
• Get a DUNS #, an identification number assigned by credit-rating company Dun & Bradstreet. 
• Check your own personal credit and clear any possible negative marks. You can request a free credit report each year.

More loan options >> Small Business Loans