If you are thinking about getting a business loan, there are three steps you must take that will maximize your chance of approval. Lenders want to applicants to have at least ONE of the three Cs — that is, cash flow, collateral (assets), and credit (personal and/or business) — in order to issue an approval for a business loan. The more of the three Cs you have, the more funding options you will have available. In other words, you have fundability. Eighty percent of business loan applications result in denials. By following these steps, however, you can increase your chances of approval.