HOW TO RAISE BUSINESS CAPITAL WITHOUT TAKING A LOAN

[Alexandoy]

Without taking a loan, one can raise business Capital through personal savings and also by getting grants from friends and family. That way, one will be escaping the payment of interest that comes with loan

I have tried getting contributions (in the form of personal loan) from friends. Many have responded and I was really encouraged. At least I was spared from taking out a loan with interest. The monthly installment is a big obligation that could interfere with my focus on the operation of the business.

 

[Richard92]

Loan can be gotten from personal savings, friends and family. Capital can also be gotten from selling of properties, to fund ones business. One must make sure that when selling the properties, you don't collect advance payment, but full payment, so that you dont sell to scammers.

It is never easy to write business capital without taking loan but the best way for you to raise business capital without taking your needs to get from friends and family also your savings.

 

[Setho]

There are some ways that you can earn money without having to take risky loans. You can consider seaking for a government assisted grant or from family.

 

[Ralphjoe]

You don't necessarily need to get a loan from a bank. You can meet your friends to help you with some funds which you could add up with the little you have to start up.

This is the way that I also talks that one can raise capital for their business without taking a loan from the bank. So many people do not know the importance of family and friends when it comes to getting capital for your business start up.

 

[Setho]

This would so much depend on the type of business which you want to start or scale. You can approach people for a partnership or crowd fund the money.

 

[akinlolu99]

The thing in starting a business without any form of capital can be very frustrating because you will want to invest even a little amount just to start but the thing is it will be rough. Last last it mostly loan people want to settle for even though loan to start a new business is not advisable

 

[Senator]

Looking very deep within yourself can help you see your true strength of things you can really offer for pay like some services that are your natural talent to offer for a freelancing job

 

[Snazzy001]

You can get capital for your business without taking loan by way of engaging yourself in doing at work or a part-time work to raise money gradually.

 

[Emmado]

Thanks for the tips, friends can really help to get some money to start up a business but even with that you really still need to raise the money by yourself because you'll be more confident to start up a business with your money more.

 

[Jlife]

You really need to work very hard to reach there amount of money that is necessary to start up a business, you do not really have to depend on people because they can easily fail you, I'm advising you in this way because that is what I am doing.

 

[Richard92]

Loan can be gotten from personal savings, friends and family. Capital can also be gotten from selling of properties, to fund ones business. One must make sure that when selling the properties, you don't collect advance payment, but full payment, so that you dont sell to scammers.

You can be able to raise business capital from friends and family and also from you personal savings without taking loan from the bank most people also sell off their property to get capital to start up a business.

 

[GIFTMICHAEL]

You can get it through savings, or asking your family, your friends love ones to assist you. They can help you when they love your business plan and love you too.

 

[Ralphjoe]

Capital can be generated from different sources, it can be from personal account, from family members or relatives, or from friends

The amount of capital that can be generated from personal account and from family and friends may not be enough for the kind of business that you want to start up so it is very imperative that aside getting funds from these sources you also take a loan from Bank to add to the fund

 

[Bousine123]

Nice write-up my friend. It's best we know these things Early enough so as not to fall prey to the trap of lenders who give outrageous interest rates.

 

[Setfragil]

If you do not want to take a loan for your business start-up, you can save money yourself, get grants from family and friends nor from your parents.

 

[akinlolu99]

Raising a capital without taking a loan is something that is very much possible one just needs to be dedicated and patient in as much as you're being patient always make sure you avoid delay delay can be very bad. I believe in other for someone to get the capital rather than loan communication with friends and family can really go a long way in as far as you are sure of the business and you have a very concrete plan.

 

[Mayox25]

Raising capital for your intended business startup does not necessarily mean you will borrow from the bank. Funds can be raised through ones savings, family, and friends,

 

[Setfragil]

Raising business capital depends on the type of business that you want to establish and the size of the business. You can raise capital with your personal savings.

 

[Snazzy001]

Taking loans to begin a business is a major setback that most people don't understand.It is better to work somewhere and raise your capital for your business than to begin with a loan

 

[Setfragil]

If the money that you need to start a business is not much, you can take start up capital from your personal savings or take grants from friends and family.