As soon as everything is settled, the business plan (which includes the place, things to buy for the business, etc.), the right personal loan to take, and some miscellaneous things then you can avail the loan. You need all the time you can have because the clock is ticking, if it’s possible to grant the lening on the day that you will pay for the things you need for your business then it would be much better. Loans have specific dates to be paid and it is your responsibility to abide by the rules to avoid complications. Don’t forget to give credit to the people who had somehow helped you in the loan granted to you.