This website is for people who want to start a business or have already started their business and now looking for useful tools, business information, marketing ideas and resources to help them take their business enterprises to the next level. The Startup Businesses blog section focuses on topics such as business organisational structuring, business planning and business plan templates you can use and product development strategies, How to raise money or capital for your business, how to setup your accounting department, recruiter the right employees and avoid the guesswork, marketing case studies and IT tools to help your grow your business in the shortest time frame.
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...
