To increase your chances of getting approved for a loan, focus on improving your business’s financial stability. Start by ensuring you have a good credit score, both personal and business, as many lenders use this as a key metric. It’s also important to have a well-organised business plan demonstrating how you’ll use the loan to generate revenue and repay the funds. Lastly, ensure you have a healthy cash flow, as lenders want to see that you can handle monthly repayments. If possible, consider offering collateral for better terms or working with an advisor to prepare your application.