When going to your bank for a loan, do your homework. Have information in a readily accessible form, including cash flow and balance sheets, for at least two or three years. The bank will want to see forward projections of how you will be using any money that you borrow and, most importantly, how you plan to pay it back. Choose a bank with which you can grow. If you'll be approaching the lending limits of the bank, chances are it is not the right bank for you.
Banks can be too large, but they can also be too small.
Choose the bank suits your business growth strategy. Withdrawals for qualified medical expenses are tax-free and unused amounts can be allocated for retirement savings. The MSA deduction appears on line 24 of the 1040 tax form. The deduction for health insurance of self-employed workers will rise to a full 100 percent by the year 2007. Read publication 587 and Form 8829 from the IRS for details on how to qualify for a deduction.