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Personal loan
The stress of Starting a business with a loan
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[QUOTE="Kingsley, post: 219240, member: 30278"] I have never supported any one accessing loans, worse still when it comes to starting a business with loan. What I always encourage people to always do if they are start up for the first time is to try as much as possible to aviod loans with all it takes. First the business person has not acquired any experience so it will be very risky to go for loans that you really don't know how to pay back. And accessing loans as a start up will make the business never to grow fast. The owner of such business will be operating under serious tensions and having sleepless nights as to how Tom father the money to payback before the due date. This will bring such person so much fears and will make the person to make more poor business decisions since all what he will be doing will be in fear, this will even make the business to fail. Rather than going for loans it will be better to get people to trade with and become a like an affiliate marketer so that you can gather more experience. Or one can partner with other investors and share profits with them based on percentages agreed upon. [/QUOTE]
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The stress of Starting a business with a loan
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