Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Funding a business
Factors to consider before getting a loan for your business
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Augusta, post: 209325, member: 25283"] Getting a loan to grow a business might just be what's on your mind when once you believe you need to expand your business but you still need to take our time to evaluate the loan you want to obtain. You would need to use the below points to evaluate the loan . First check the reputation of the loan lender. it could be a red flag if the person has no physical address and is trying to hide the fees for the loan. You need to be careful here. Secondly, check the collateral involved with the loan if it will worth giving such for the amount of money you would be obtaining. Remember that the collateral would be auction if you default in payment. Thirdly, look at the repayment plan. be sure it suits your kind of business and that you can make the payment without ruining the financial stability of your business. next, is to look at the loan interest and fees. This is the most of them all be sure you are very comfortable with this part and it wouldn't affect your business before indulging. lastly is to look at the amount to be borrowed you should be sure that the money you are trying to get will be worth the stress of borrowing the money.. Add your thoughts [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Funding a business
Factors to consider before getting a loan for your business
Top