Ideal ways of borrowing money for business apart from loans

[cherry123]

I know a lot of people going through this, they are always shy when it comes to them asking other people for money but it is better than borrowing from banks with high interest

 

[Bisolami]

I know a lot of people going through this, they are always shy when it comes to them asking other people for money but it is better than borrowing from banks with high interest

I am also one of them because I am not used to asking people for money

 

[cherry123]

Yesh that's the truth some people prefer to ask outsiders for money thsn insiders but you just have to use whichever works for you if the loans then go for it.

 

[Ratine]

Grants can really help to fund the businesses in cases of downtime at given times.

 

[Fidelia]

If you don't have where to raise money for your business idea and you really need to get external funding, let your family contribute and raise the money for you to start.

 

[Etini Willie]

The only avenue that you can borrow money for business and you would have less pressure would be to borrow from government special interventions.

 

[freelancermaria]

I am also not in favor of taking out loans to start a business. It is not a good idea because if your business is not successful, you will still have loans to pay off, which will create additional problems.