How to apply for a loan / grant from a bank for my business idea?

I have a business but need a loan or even grant, how do i go about getting this i havnt a clue?

How to apply for a loan / grant from a bank for my business idea?
A good business plan is a must.


Read the books and do your homework.





By the way, banks don't give out grants.
Reply:There are no grants for a for profit business unless you are opening a daycare. If you need money, you will need to apply for a loan. No lender will talk to you unless you provide them with a valid business plan. Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for sample business plans and instructions on how to write a business plan.





Then, go to http://www.score.org/ and in the upper left hand corner, enter your zip code. On the next screen, you will get information on the nearest SCORE chapter. Call them and arrange for a free meeting with a SCORE counselor to review your business plan and discuss various loan options available to you.





SCORE is a nonprofit association dedicated to entrepreneur education and the formation, growth and success of small business nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).





SCORE has 389 chapters in locations throughout the United States and its territories, with 10,500 volunteers nationwide. Both working and retired executives and business owners donate time and expertise as business counselors.
Reply:Prepare an excellent BUSINESS PLAN.


Read books on how to prepare your business plan.


Without business plan, don't approach any bank.