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Business Ideas Forum
Funding a business
Factors to consider before getting a loan for your business
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[QUOTE="Sotherefore, post: 213165, member: 27033"] Personally I do not consider any factors when trying to get a loan or to do anything with a loan because I will purposely refuse not to engage myself with loans in any business I am doing , and I will always try as much as possible to raise the money that I need to establish my own business because to me that's just the best way to start up something . Getting a loan may not only be risky but may be bad and put you in a lot of financial stress and stressful thinking of how you will be able to pay back the money you have collected which is something I do not want in my life , because I value my peace of mind more than any other things. Even if I have to get a loan for any reason to start up something I must really make sure I have a constant , I mean hundred percent constant way of generating income to pay back the money I have collected , this will be an external source entirely and not really from the business I have gotten the loan to do , because to me if I am getting a loan to do any business I must always have an external source of income to pay it back [/QUOTE]
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Funding a business
Factors to consider before getting a loan for your business
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