Nanaado1997
New member
As entrepreneurs, many of us toy with the idea of collecting loans from banks, individuals or any other organization we think could give us. Put yourself in a situation whereby you are in dire need of funds for your business as a result of it not growing up over time. After much struggles and pleading you finally got the funding you sought. When getting the loans for your business you hadn't any collateral and then..all of a sudden everything flopped. The business drained the loaned funds and there's nothing to show for it. The time when you should repay the loans is,fast approaching but still nothing seems to be improving. What do you do