Sources of capital

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Stardom22

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There are so many sources of capital out there.
However there is that source of capital which is very appropriate to most businesses.
What is your take on this

 

cherry123

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I think the most for me Is to start a business with one's savings. if you know that you have never run a business before it better not to take a loan

 

Starmix

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You can apply for a bank loan having your land title as collateral. In my country, Land Bank is always ready to help small businessmen. They just require a feasibility study and collateral.

 

Reedex

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You could get capital from an investment and you can also get capital from loans.

 

flower

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Capital could be gotten better from crowdfunding platforms and from friends and families.

 

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Springtime

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Other than own savings, a small start-up can apply for low interest government loan as long as your business is on the list of preferred industries. ,You may also apply for a bank loan using your apartment as collateral.

 

Shavkat

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There are so many possible resources. The most common is having your own capital or loan the capital from banks.

 

Suba

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The easiest way to get capital is to take all your money in the bank and use it as initial capital for your business.

 

Magnus2022

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The only source that is reliable is your savings. There is need to avoid using loans or borrowed money because the interest may overwhelm you.

 

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Bisolami

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Stardom22 said:

There are so many sources of capital out there.
However there is that source of capital which is very appropriate to most businesses.
What is your take on this

Click to expand...

A lot of people take the loans as their business capital but I don't like it because it is not advisable to start your business by taking a loan

 

eldavis

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For me starting a business with my own money is the best source of capital. You can carry out other side jobs then save up enough to startup your own business.

 

LoukiaCharilaou

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You can start a business with your own savings. I would not recommend getting loans from a bank.