The lender wants to know if you can pay back the loan in a reasonable time. Usually this involves having a job or other proof of income. If you're self-employed, or even unemployed, you can still put up collateral. This might be a house, land, car, or something of value that exceeds the loan amount. Ask the lender what their particular qualifications are. Since the recession of 2008, and a projected double-dip for this fall, lending money has become a touchy subject. If you're seeking a loan for a business then submit a well-written business plan. You would have more success if you went to several lenders and asked for small amounts of money from each one rather than a huge amount from one lender.