Obtaining a loan for your small business isn’t always a simple task. Depending on the factors that are present in your situation, a lengthy vetting process may take place. Knowing what to expect ahead of time can be very helpful. Understanding Your Options Before probing into what exactly lenders are looking for, it’s important to discuss the options that you have at your disposal. Each option is different and will come with a unique set of requirements. There are obviously dozens of different niche lending options out there. The Following Three Categories Are What Most Small Business Owners Will Be Dealing With When It Comes to Basic Loans 1. Banks and Credit Unions The first method most businesses consider is a bank or credit union. The beauty of going the traditional route is that you actually get to go into a physical building and meet with someone face to face. …