Capacity, capital, collateral, credit, and character are the "Five Cs" that loan offers learn in Lending 101. But to most small-business loan applicants in need of money, it is an esoteric and arduous exercise.
Big banks prefer making multimillion-dollar loans to large corporations instead of small-businesses because the fee income is greater and it allows them to hire experts in industries that they want to target.
Now is the time to think about dusting off your old business plan as the economy improves. A business plan is required to obtain a loan or venture capital. It is uniquely designed as a sales tool to get financing.