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Personal loan
Loan is the secret to business development.
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[QUOTE="Peppul, post: 78463, member: 27039"] Your points are good and I agree with them. For me personally I always do my best to stay away from loans no matter what, loans are tempting to take and it's fun when spending money you didn't work for but when it's time to pay back it becomes something difficult to do. If you are planning to take a loan for business startup this is what I always advice, make sure you have a collateral that is equivalent to the amount of loan for are taking or bigger than the amount of loan you are taking because starting a business anything can go wrong, so that should in case you find yourself in that situation you will have something to sale and cover up your loan payments, but if you don't have its advisable not to take loan to start up any business no matter what, best is work and save for some period of time then start your business. [/QUOTE]
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Loan is the secret to business development.
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