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What are the disadvantages of taking loans for startup business?
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[QUOTE="Lens1000, post: 337362, member: 37726"] Relying on loans for startup as capital is a very difficult thing to do because if the debt is too much, it will definitely become an obstacle for for future borrowing capacity and it is also going to limit access to additional financing which could be needed for business expansion or investment. It is also important to consider the interest in the payment for the loans you want to take. You must be able to study this critically inorder to prevent reduction in profitability for the business especially at economic downturn. [/QUOTE]
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What are the disadvantages of taking loans for startup business?
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