Loan is actually the last option that I would consider because we are aware of the huge interest percentage that will be added plus the processing fees to be deducted on the actual loanable amount. So basically you lose before you can even start up your business. If ever you will opt to applying for loans make sure that it will be for an amount that you can surely pay. You won't like having 80% of your sales for loan payments. For payment arrangements choose the shorter term to lessen the interest charged by the loan company, because the longer the term is, the higher the charges. So these are some advice that I can share with you. Goodluck to your business.