The kind of financing most entrepreneurs seek through commercial lenders is debt financing. Most banks provide debt financing for existing and start-up businesses.
Banks vary substantially in their lending practices.
While one bank may decline your loan application, another may be willing to take a higher risk or be interested in lending to small businesses. It is advisable to understand a bank's lending guidelines before applying for a loan. In addition, you'll have to meet zoning laws, building codes, and similar regulations. You only have to be considering the idea of opening a business or researching the feasibility of a proposed profit making venture. No, but its wise to get the best advice possible when you're starting out.