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Funding a business
How to get funds for your business if you are broke?
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[QUOTE="Kingsley, post: 206062, member: 30278"] Getting funds to manage one's business is quite different from getting money for a start up, when one is trying to get money for start up, it is always advisable not to borrow to start a business because at this time the business is still at the infant level and yet to acquire any shocks to withstand challenges, the owner of such business might suddenly goes bankrupt if their is a major challenge that hits the business at the infantry level. But a business that has been existing for some time can still access financial assistance because the entrepreneur managing such business must have acquired some level of experience in running the business, and that will enable him or her to utilise any funds that will be given. In the case of accessing funds to manage the business there are alot of investors that are willing to assistance an existing business with funds to run a business. One might start off from friends and family members to acquire loans or one could approach commercial banks with a reasonable interest rate, or better still one could apply for loans or grants from governmental agencies. And also from other online loan applocations . [/QUOTE]
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Funding a business
How to get funds for your business if you are broke?
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