Majority of people believe in taking loans to establish their dream business. They see saving as hard thing to do to get a business capital. Because it take's time to reach the required amount for those who finds it uneasy to get business capital.
So they decide going for loan, because they feel getting the loan won't take time, It comes one time provided they borrow from the right source. Getting a reasonable amount of money to start your own business when you have inadequate means, is hard. Even the mortgage doesn't offer loan without collateral. Taking the loan without making the repayment on time is detrimental also.
The best way to get a business capital ready is saving it gradually no matter the timeframe, or borrowing from your family, or beloved friend.