Where can one go for a small business loan or grant?

Thinker asked: I am starting a small business in electronics retail. I would like to know if there are any agencies that give grants to new small business. Or, would you recommend simply getting a business loan?

How do i go about applying for a new business loan?

Prince Of Light asked: How do i go about applying for a new business loan?
I am starting a new business by buying and reselling consumer electronics, what do i need to obtain a new business loan or a grant.
What do the banks look at before getting you approved?