Before agreeing a loan. Banks wiil want to see your own financial commitment to the success of your business. You must be prepared to put your money where your mouth is. After all,if you were in the bank manager's position. You would probably act in the same way. They'll also want some kind of security like your car and house. Therefore,if things govwrong you could find yourself out on the street. And if the business fails,as so many do, the bank will be the first in a long line of creditors to get thier miney bank. If you are declared bankrupt,it will be difficult to secure any further loans. And finally,on a darker note,once banks have made a decision to get thier money back.it's hard to talk them out it.