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Business Ideas Forum
Funding a business
Advantages of funding a business with bank loans.
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[QUOTE="Jasmine, post: 199143, member: 49159"] The first requirement for a business is funds. If you do not have funds, you cannot start a business. There are multiple ways to build a capital for your business and getting a loan is one of them. However, getting loan is not an easy job. You might get a loan from a lender but lender charges are very high. In my place, you might have to pay upto 36 percent interest for private loan. However, bank loan has less interest rates, about 10 percent. Getting a bank loan is difficult compared to getting loan from private lenders. You will have to do a lot of paper works. [/QUOTE]
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Funding a business
Advantages of funding a business with bank loans.
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