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Articles

KNOW LENDER’S NEEDS WHEN BORROWING MONEY

One of the joys and realities of being in business is the prospect of needing money, either in your start-up or during growth or expansion. With a pragmatic understanding of the dynamics of the loan approval process, you can greatly enhance your prospects of success. Once you start negotiating with the financial institution, you must […]

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LOVEMONEY FINANCING – CAUTIONS WHEN BORROWING FROM FAMILY AND FRIENDS

Have you considered borrowing or obtaining money from people you know best, who are closest to you, people who believe in you, and whose most natural inclination is to want to help you be happy and successful? More than 50% of people have gone that route. This type of financing is considered as “lovemoney”. “Lovemoney” […]

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