what is the best way to finance an existing business, borrow from the bank or finance it yourself?
tebikeiti2003 asked:
i am looking into this existing business seriously. I need to know if i should take out a loan from the bank (i have a very good credit with the bank) or finance the business myself.
i am looking into this existing business seriously. I need to know if i should take out a loan from the bank (i have a very good credit with the bank) or finance the business myself.
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In my own opinion financing the business yourself is better than borrowing from the bank, because the interest from the bank can suck your business dry.
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Some genuinely good information, Sword lily I discovered this. “If you find it in your heart to care for somebody else, you will have succeeded.” by Maya Angelou.
February 6th, 2012 at 8:37 pm
It’s hard to seek out knowledgeable people on this topic, but you sound like you realize what you’re talking about! Thanks