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[QUOTE="Abigael, post: 217096, member: 25357"] That is a very good advice you have shared here. Loans are better taken interest free or with a little interest rate that you can actually afford. Otherwise, it can be hard to start a business with a loan that has high interest rates. Choosing to take a loan from the government is a very wise decision. This is because they offer those loans with no interest or with a really low interest rate. But remember that to qualify for such a government grant, you need to be really financially stable. For an existing business, it is so easy for them to get the loan so as to expand their business. As for a startup, one will need to proof really well that they have a good plan for a business that will run successfully. [/QUOTE]
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