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Business Ideas Forum
Funding a business
Benefit of getting a business loan
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[QUOTE="Ithedicious, post: 257687, member: 73248"] I was talking with my mum yesterday evening about getting a loan to start up a business. Well from her previous experience she said that she wouldn't get loan to start up a business for any reason that from her past experience she got a loan to start up a business and the business was not moving as expected. Not that the business crashes , but she was not able to pay back the loan in the agreed period of time and this leads to a lot of harassment. According to her loan can only be gotten into a business she has established and she is very sure of its progressed Based on the statement above, it may not likely be advised to get a loan to start a business you do not understand about it future potential. It is always nice to take a risk but at the same time we just have to be very careful. [/QUOTE]
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