As a new business man.

[Wiserr]

Is it advisable for one to get loan in other to start his new business, or rather one should just start his business with the little amount of money he has,what is your advice folks?

 

[Kingsley]

As a new man trying to explore your hands in a new business, it will be a very wise step in the right direction mostly with the economic realities on ground today in the country. But at the same time I go with the saying that goes thus; that whatever is worth doing is worth doing well. It will not be a good idea for you to start off without a proper mentorship from professionals in the particular business area you are about to venture into.

But all the same if you had done your home work very well and conclude your feasibility studies well, there is no problem accessing loans with low interest.