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Personal loan
Is Money The Only Reason Why People Apply For Loans?
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[QUOTE="Caramelle, post: 210696, member: 150"] [JUSTIFY]Well, certainly not all loans can be associated with money or some financial crisis that a person or business is undergoing at the moment. Loans can also be an option for purchasing equipment or funding business expansion or any actions that are projected to help the company increase its cash inflows and revenues. In such cases, it's quite possible that all assets owned by the business are being used to generate revenues and that it would be disadvantageous if their use is disrupted by associating the assets with the loan. It's also possible that the owners' funds are tied up to other business concerns and that they now want the business to stand on its own feet and to use financial leverage to fund its own growth. Thus, we will find that even huge companies are borrowing money to fund investments in new businesses or in equipment or processes that will help drive the increase in sales and consequently, the growth of its profits. [/JUSTIFY] [/QUOTE]
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Is Money The Only Reason Why People Apply For Loans?
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