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Sourcing for funds or Capital for Business
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[QUOTE="Ralphjoe, post: 100668, member: 23616"] There are several sources of funds that one can leverage on to fund one's desired businesses. You can select the source of fund that you can easily execute without much stress. The sources of business funds that I can recommend are as follows:- 1. Personal savings Most people will start up their businesses from their various personal savings that they have gathered for a very long time. Although this on it's own cannot start up a decent business but with a combination of other sources of funds, it can actually start up a good business. 2. Loans The most popular source of fund is actually loans because they are very easy to source and pay back but alot of people run away from taking loans because they are not sure of their ability. 3. Credit and thrift society These sources of funds is similar to savings but it's quite different in that you can get a big fund to start up your business and be paying in instalments. [/QUOTE]
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