i have a business idea and im planning to go ahead with it
i need 10,000 to start it and figured i might stand a chance for a business loan with a bank but if i was to arrange a meeting what will they want to no? will i need to make business plan of some form? etc etc etc
they will want to know:

- who you are! your past experience, knowledge, qualifications etc

- what your idea is - a product, service, website etc & where you want to be with the idea in 1,2,5 years time

- how the business will be set up & run, ie sole trader, limited company etc

- who your customers/target market are going to be (this is your research section)

- how you're going to get customers (this is your marketing section)

- how much you're going to sell (financial forecasts for the first 2 years)

- how much the business will cost to run (again financial aspect for the first 2 years)

- who your competitors are, very important!

- how you are better than your competitors (your USP, unique selling point, ie are you cheaper, or do you offer better customer service, better quality product/service etc)

- any other risks to your business, ie legal or political, market trends etc long term sickness

once you have looked into each of these in turn you need to write down your findings, this information then becomes your business plan. there are lots of 'business plan templates' out there on the net but be careful as you need it to be very individual to your idea not just some bog standard form as the bank will see straight through it!

also seriously consider grants before getting a loan… business link have a useful grant directory which you can search
for more info see http://newbiztips.net/financeandfunding.aspx

best of luck with the new business!
Rebecca
Yes you will need a detailed business plan, turnover and profit projections and more than likely personal guarantees for the loan (which are normally a second charge on property etc).

It's extremely unlikely in the current climate that any bank will give you a loan as a start up business unless you have a track record in the business you are going into, a significant source of funding from elsewhere or are able to get a guarantor for it.

There are government backed loans available for small businesses - look up the Small Firms Loan Guarantee Scheme. This is probably your best bet.
for starters you will need to produce a sound business plan
and have done your own homework

you will need to provide your intended costs, profit margin,competitors,
marketing, your intended customers etc etc
You also need a contingency plan /survival budget ,should business fall off

You'll also be required to put money of your own up front as well,as the bank are unlikely to risk their money, if you won't risk yours
Contact your local Business Link. They provide free help and advice on starting in business and they're very good on business plans, which are essential for any funding application.

They're also very good on sources of funding. As has been said elsewhere, the bank is not the only route to funds. Most funders will expect you to put up at least 50% of the investment in the business. Talk this through with Business Link.

Good luck!
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You need a credit report try downloading one from experian.
Also u may need a business plan, that involves the type of business u want to create, how much u want to borrow wat the money will do for u and how much return u expect to get back.
Good luck honey!
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a strong business plan which will prove to the bank that it will succeed having taken into account all the strengths and addressed the weaknesses
You will need a firm business plan with income and expenditure projections. There are people at the bank who can help you to draw up a plan.