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Make Money Online
When there's no availability of business capital
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[QUOTE="kayode10, post: 215501, member: 26899"] Raising capital for business idea is one of the foremost headache for most entrepreneur. It is very hard to establish a business when you have nothing on you. Most people are advised to seek business fund from there family members and friends. The mentality of the people over here is that you have already wealthy before you can think of establishing a business. Loan is the major option for those who want to go into business. The only problem with this is that you need a huge collateral before you can secure a loan from the financial institutions. Another thing is that there is discrimination in the financial institution when it comes to giving out loans to business people. They prefer to give those who are already rich. They believe that they are going to get back their money within short time from this businesses. Few years ago one of the richest people in my country and now is that he wants to build a mega plant. Most of the financial institutions are reaching out to him to give him loan with soft interest. The only option left for a new enterpreneur to raise capital for his business is to partner up with someone who have resource. [/QUOTE]
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