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Home
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Business Ideas Forum
Funding a business
Do you recommend taking loans to start a business?
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[QUOTE="sincerem, post: 186950, member: 25228"] If you're lucky enough to get loan offer with low repayment interest, then it is very much acceptable for business. Most of the persons here in my locality are afraid of loan due to its excessive demand of interest rate, and no one wants to succumb to paying in excessively during repayment. Taking those loans when you aren't certain of your business profit isn't feasible to me. And again, taking the loans makes you a debtor, simply looking for a business profit and at same time trying to make double to cover up for the repayment interest, which is overload to the business owner to carry. [/QUOTE]
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Funding a business
Do you recommend taking loans to start a business?
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