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Be aware of these facts before financially supporting a business.
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[QUOTE="eenya00, post: 285439, member: 26898"] this is one of the reasons you do not blame financial institutions like banks for failing to give loans to some of there customers as they might not be loan worthy or are what can be termed as financial risk. there is a concept i normally use when giving out loan, and the concept is to make sure that if i am giving out a loan to anyone, be it a friend or a family member, i tend to access my risk and also on how to recover my money from you incase of unseen eventualities. if i do not have a clear cut plan on how to go about it, then i would not release that sort of money to any individual, no matter how i am been sweet talked into the process of the business and the setup as well, this is to avoid issues and future confrontation that is expected to arise. [/QUOTE]
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