That depends a lot on what assets you have, and what type of business you're trying to create.
Do you already have a MVP version of your product? I hope so, six months in!
One option is to pre-sell your product (beta version) to your audience, which not only helps with financing but also gets them involved with improving the product you're creating.
You do have an audience, right? If not, stop what you're doing or building and go back to that stage.
Don't build products in a vacuum.
It depends. What's the current state of the busineses finances? More loans from where? Secured or unsecured? If secured, by what or whom? What is the company legal structure/format? In simple terms, loans will allow the business to increase the value of its equity without having to reduce your % ownership of the business by selling equity. I would need to know a lot more about your business to give a meaningful answer.
