You will need to develop a business plan for getting startup business loans. Doing so will let lenders for small bad credit business loans and regular small business loans see how you plan to use the financing. Your business plan should include the following:
Description of your business
Product and service offerings
Management team (and resumes)
Industry analysis
Operations and facilities plans
Current and projected financials
Marketing and sales strategy
SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis
A business plan for small business loans should clearly show that you will have a sufficient cash flow to meet ongoing costs and new loan repayments. Doing so will give a lender more confidence in approving financing, which of course increases your chance of getting your loan approved.