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Personal loan
can some one use loan money to begin a business?
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[QUOTE="Heartstrings, post: 280105, member: 78714"] It's possible but personally I can't do it,I can't take a loan to start up a business, though starting a business with a loan doesn't really tell if the business would go well or not,but there may be lack of focus which will in return affect the business. I have said this before and I will say it again,I rather spend some time saving up some money so I can start a business,than taking a loan for it. What if the business didn't go well as planned or thought? How will you pay back the loan? Infact you may actually lose focus on your business because how you are going to pay back the loan will always be your mind, especially if the business isn't producing much profit. [I]some people did it and are successful with it but personally thee is this fulfillment of achievement when you know you strive and struggle hard by yourself to set up the business and be where you are today.[/I] [/QUOTE]
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can some one use loan money to begin a business?
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