Well I guess the forst thing to consider is, does your money enough for you to start up a business? Important thing to consider since you are starting up, and we want to prevent sudden bankruptcy if ever, so start a business which is enough to your current money that you have with you, loaning is great but if you cannot afford to pay it,  it's very impossible for the bank to approved your loan. I think this is one but the most impe thing to consider.