Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Monetization
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
What are the disadvantages of taking loans for startup business?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="uptrendfinancialsignal, post: 337347, member: 78381"] It is very important to consider some factors before you take loan for the starting business . One major disadvantage is financial burden of repaying the borrowed amount because it can affect the cash flow and the profitability of the business most especially when it is in the early stages. High interest rate on startup loans is one of the problems that they face as well and it will also add to the financial strain therefore making it very challenging to achieve profit and or to also to gain a sustainable growth for the business. Taking loan for a startup business also require providing collateral or personal guarantees which may not be really available. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
What are the disadvantages of taking loans for startup business?
Top