Whether you’re starting a new business or expanding an existing one, securing a business loan is crucial for financial growth. However, many entrepreneurs struggle with the loan application process due to lack of clarity on eligibility, documentation, and lender requirements. In this detailed guide, we’ll explain how to apply for a business loan and increase your chances of quick approval. We’ll cover the different types of business loans, including secured vs. unsecured loans, working capital loans, term loans, and MSME loans. You’ll also learn about the documents required, including financial statements, business plans, and credit reports. Additionally, we will provide tips on improving your credit score and negotiating better interest rates. Whether you choose a bank, NBFC, or fintech lender, this guide will help you navigate the business loan application process smoothly and secure the funding you need.