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Funding a business
Does taking a loan to start a business end well?
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[QUOTE="Carpon, post: 281779, member: 86701"] The answer I will give to this thread will be conditional. I won't just conclude that you won't be able to do great things when you begin a business with loaned capital and even business experts have included loan collection as one of the ways to generate capital for business. So actually there are a lot of advantages that this has especially if the such a person is a wise and knowledgeable business person. Once you get a loan and you are able to use it in the business judiciously, then you will discover enough profit and generate a lot that can possibly cover for the amount you initially collected as loan and this helps you stabilize your finances. But once you are not able to make use of it wisely, then it will be to your detriment and if you are not sure that you will use your funds productively, it is better you don't get them. [/QUOTE]
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Funding a business
Does taking a loan to start a business end well?
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