Sources of capital

[Stardom22]

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]

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]

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]

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

 

[flower]

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

 

[Springtime]

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]

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

 

[Suba]

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]

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.

 

[Bisolami]

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

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]

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]

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