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Is this the only way to start a business with a loan ?
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[QUOTE="sincerem, post: 214533, member: 25228"] [FONT=Courier New][B]Even your mind will tell you their are alternatives when it comes to starting up a business not just taking loans. Those who are operating businesses in a broader must of them started with the funds they raised on their own, everything isn't about loan, I never loved the idea to start with a loan, unless the loan interest rate seems too good., Which means, the repayment interest isn't much, that's what I mean by too good. That's the only time I will consider taking loans for a business which I am familiar with. And again, the repayment date wouldn't be something within short duration of time with lots of terms and conditions that will make me face uphill struggle when it comes to repaying the loan. When I am going for a business loan, I'll choose a favourable one which I can meet up with without having issues with. Not starting a business and I am facing dual issues, making my business capital and how to clear up my loan debt, never. I wouldn't go into such kind of situation, it is simply diminishing to my business career. Instead I wait, save gradually long term to start without taking a loan. [/B][/FONT] [/QUOTE]
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Is this the only way to start a business with a loan ?
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