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Funding a business
Why you shouldn't patronize loans as the business capital.
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[QUOTE="Yusra3, post: 337874, member: 31907"] Lean business cannot entirely depend on loans as the start up capital. Debt involves the paying-back of fixed sums of payments no matter of your profits, which in turn detrimentally affects finances. Highly priced interest rates can also be a threat to margins. Also lacking sufficient revenue or collateral, one can’t qualify for a loan and get attractive terms. Entrepreneurs should google for other investment factors like investors, grants, or self-financing beforehand. Loans can be unescapable, but it's prudent to omit some and keep the balance of your funding with a comfortable level without overextending. [/QUOTE]
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Why you shouldn't patronize loans as the business capital.
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