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7 Steps to Getting a Business Loan


Applying for a business loan can be daunting. ACCC explains where to start!

  1. Determine how the loan will help your business.
  2. Calculate how much financing you can afford before you apply.
  3. Do your research and figure out which type of loan is right for you.
  4. Compare lender fees and loan terms.
  5. Organize financial statements and account records for the lenders.
  6. Be prepared to answer lenders’ questions.
  7. Once you’ve chosen a loan, it’s time to apply!

Make sure you know all the details of the loan before you sign.

Are you ready to apply for your business loan?

 American Consumer Credit Counseling (ACCC) provides credit counseling, financial education and debt relief options for individuals and families with too much credit card debt or unsecured personal debt. Our certified credit counselors have helped thousands of consumers find credit card debt relief by learning how to reduce debt and how to get out of credit card debt. Our debt assistance services and debt management plans allow consumers to consolidate credit card bills into a single payment, and provide help with negotiating credit card debt in order to lower interest rates and finance charges, to ultimately eliminate debt through a credit card payoff plan.

American Consumer Credit Counseling - Consolidate Debts - Better Business Bureau American Consumer Credit Counseling - Consolidate Debts - Mass Housing Approved National Industry Standards for Homeownership Education and Counseling American Consumer Credit Counseling - Consolidate Debts  - Council on Accreditation American Consumer Credit Counseling - Consolidate Debts  - NFCC Member