<human>:  I am thinking of applying for a loan to start a business. What factors should I consider?
<bot>: 
1. You should consider the amount of money you will need for startup costs, such as obtaining licenses, renting or leasing office space, buying equipment and supplies, and hiring employees.
2. It is also important to assess potential risks and create an emergency fund to cover unexpected expenses.
3. Research the loan options available to find one that best fits your needs, such as an installment loan or line of credit.
4. Make sure you understand any fees or interest rates associated with the loan, as well as how long you have to pay it back.
5. Finally, consider what other income or resources you could use to pay back the loan, such as investments or a reliable source of income.