1. Double check your credit report
You must have to see your credit report first before applying for a loan. Check if the report is correct and if there's any errors and omissions.
2. Provide correct description of your business
You must be honest with everything. Describe your business accurately with correct detailed information. Lenders can check your business in the government office and if there are any missing on your report, this may alter the possibility of approving your business for business loan
In case you will be declined, you can ask for an explanation or review. This will give you a hint the next time you apply for a loan.
4. Select a Bank
There are a lot of fishes in the sea, as well as bank in the community. Select a credible bank which can accept your application for small business financing.