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Can I get bank loan as a student for business?
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[QUOTE="Chibson, post: 225958, member: 27553"] As a student, it will not really be easy for you to get a bank loan in order to start a business because there are a lot of things banks put in place to make sure that people who are getting loans will probably pay back in due time. First of all, the level of money that would have been into your account before you can be able to get a loan must be big, and you must have a solid collateral for a bank to be able to give you a loan to start a business. Banks usually remove the loans on monthly basis depending on the amount of income you have. They will clearly state these when they want to give you a loan in order not around losses. You will also have things like landed properties to be used as collateral before a bank will you agree to give you a loan. Honestly it will be very hard for you to get a loan from a bank as a student except you go to a traditional lender or using some loan apps which will probably put you into trouble. It is quite very important for you to see if you can actually borrow from family or friends before starting a business as a student. [/QUOTE]
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Can I get bank loan as a student for business?
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