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Business loan capital



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Business loan capital

The are various sources of capital for a business.One is loan capital.Loan capital can be obtained from banks and other lending institutions.One could also borrow from friends and family.
Given choice,I wouldn't choose to start a business on borrowed capital.In my opinion,a business should acquire loans somewhere along the line,not from the very start.What's your opinion?

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mystic14

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mystic14

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mystic14

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UgrozaVeka

I think that it is best not to take a loan since it can't make you reach. Why? If you will take a loan under percentage you will probably have problems with returning the money back because debts can leave you without pants without a question. I had a situation when I wanted to create a business with big amount of loan that I couldn't return and some guys from international debt collection (I was in Europe and the loan was from US) has come to me and asked for the money that I took. Since than I think you should be carefull before doing this serious steps.




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