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Business Ideas Forum
Funding a business
Does taking a loan to start a business end well?
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[QUOTE="Setho, post: 240297, member: 29023"] There has been a lot of talk about why and why not people should be able to access loans in order to start a business and the advantages and disadvantages as well . I believe that this is something that is a two-way thing . This means that people should always look for ways in which they can be able to get the required capital to start their business outside of financial loans but if they do not have that then they are absolutely left with no option than to take the loans that commercial banks are offering them . There is absolutely nothing guaranteed in business even if you are going to be starting the business with money that you have saved and as such even if you are taking a loan then the business can be able to go either way . This is why it is advisable that you should do your own proper research and field experiments to ensure that you are having a chance for success before trying to secure funding . There are also financial loans in a lot of countries that have been tailored to protect small businesses in such a way that when it progressing they can be able to let go of the interest. [/QUOTE]
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Funding a business
Does taking a loan to start a business end well?
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