Business Financing

Evert business need positive cash flow management, daily accounting records and good accounting decisions to survived. If you are looking for ideas on how to raise money for your business or the best ways to finance your startup business in Nigeria, then get every information you need here on Abbakin about how to Business Financing and Accounting Management.

How your credit score is calculated

So you want to know how your credit score is calculated by major and significant financial institutions? Good, you just stepped out in the perfect place. It is because here you find the best and all the necessary information regarding the concept on what you need to know about Credit Score. Let’s start with the primary concern for which you are here. Whenever people need to borrow money from someone, or they need to rent a building or house, then...

How to Write a Business Plan in Nigeria

Thinking about how to create a business plan for your small or medium sized business? Learn how to write a business plan in Nigeria from the professional business plan consultants. Most Nigerian entrepreneurs and companies do not have or implementation business plans when starting or growing up their businesses. They perhaps believed that business plan is just a document or paper that will not give them the most need capital to scale up their business ideas or investment. Of course, a...

Parameters to Include in your Business Plan Template

Most entrepreneurs, startups and business owners are usually reluctant to write down their business plans and document key activities but we have made this process easier for you with our custom business plan template. To help you build your own business plan seamlessly, you can purchase our affordable business plan template; with this, you can easily integrate these main parameters to include in your business plan template. So you don't need to start writing your new business plan from scratch. This...

How to Get Debt Consolidation Loan with Bad Credit Score

If you want a debt consolidation loan with bad credit score then a few options are available for you.  Nowadays, nothing is more important than credit score because most of the lending companies are providing loan according to the credit score. People with poor credit score can avail the loan, but you have to pay higher interest rates to the users.  A credit score will give an estimate to you related to the loan. If you have a great credit score, then you can easily apply for...

How to Prepare Your Loan Application with the Banks

This article on how to prepare your loan application with the banks covers the key areas banks look at when you apply for a personal, mortgage or business loan. With the recent economic challenges, getting a bank loan is no longer the easiest process. This is because financial lenders are now looking for a lot more in a loan applicant. Banks or financial institutions are different, but many of them focus on similar requirements throughout the loan process. To get approval for a bank loan,...

How to Prepare your Loan Repayment Plan

In order to secure the required outside business or personal funding you need, here are some tips on how to prepare your loan repayment plan successfully and be able to attack your debts head on. Individuals, entrepreneurs and organizations need to sell their projects successfully to potential investors and/or financial lenders by discussing their feasibility reports, business plan while preparing their loan applications. For a loan borrower similarly, it’s easy to forget about the fact that you might have some bad debts looming over your personal credits,...

How Startups Can Manage Their Debts Better With Debt Consolidation Loan

You may not know but it is a fact that debt consolidation loans help the startups to manage the multiple debts in a better way. This concept may seem to you to be pretty simple and incredibly impressive, but rest assured it is very complicated to execute in your debt management endeavor. This article focuses on how startups can manage debts better with debt consolidation loan.   What is a Debt? A debt is a sum of money that is owed or borrowed...

5 Best Banks For Business Account In Nigeria

If you want to open account for your Business Name, Limited Liability Company or Public Corporation in Nigeria but you’re not really sure which bank to choose, below is our list of best banks for business account in Nigeria.  This post highlights the top 5 banks in Nigeria that is most suitable for small scale businesses, established firms and startup entrepreneurs who want to open business accounts. Most of these banks provide multiple SMEs packages that are best for online business in Nigeria, internet...

10 Factors to Consider In Business Loans Application Process

In today economy, getting a small business loan can be so important in growing your new business. However, below are key factors to consider in business loans application. However, a lack of equity usually limits the debt financing available to most startup businesses in Africa and across the globe. Lenders will generally require some equity cushion or security (collateral) before they can lend to small businesses. Additionally, debt financing requires the ability to service the debt through current interest payments. This also makes...

How To Make Money Online In Nigeria

If you are looking for ideas on how to make money online in Nigeria, this post will show you some decent and sure ways you can earn massively online. Here, we are going to discuss several creative way of making money online. So if you are reading this article, you’re one step ahead of achieving success in your online money making quest. Without out wasting mush of your time, below is our step by step guide or better; the list...

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