It depends on the type of the business itself that is started using the loan capital. Some higher profit margin based like hardware business, packaging materials business among others can survive very well with loaned capital.
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I know some businessman who do this and it usually end up well but it means that they have already made the proper research for the business and they know about it very wellThat is what is normall done by wise businessmen They do not touch their capital but take loans initially.