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Funding a business
4 Top Reasons investors wouldn't invest in your business
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[QUOTE="Augusta, post: 250188, member: 25283"] Definitely, banks wouldn't just throw their customers deposit because bank loans are deposits especially the fixed deposit kept by customers in their care. So the bank will want to make brisk money before the maturity of the deposited money and they will give out as loans to others that can pay back at when due with some interest so that they can pay back the deposited money to the customer with interest So an action like this will need them to be very careful of who they will be lending the money to. This is why they don't want startups that will be doing trial and error with their money. You need to do the business first, established your self and be stable then after a while you can apply for a loan or else you might not be getting any positive response from them. Like you rightly stated when one doesn't know how a market they are into works it becomes a huge problem to obtain a loan. You need to convince the officials that you are equal to the task and you can handle their money with care and be able to pay back when due or else nothing positive will come out of it. [/QUOTE]
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