Can You Use Personal Loans to Fund Your Small Business?
Most people rush into getting business loans to fund their small businesses. However, business loans are offered by financial institutions to businesses with minimum turnover. Businesses should also have a business profile, collateral, and a clear purpose of the loan to get approval.
These requirements make it almost impossible for startups and small businesses to access business loans. An attractive alternative is using personal loans to fund your small business activities. Personal loans are unsecured loans that can … Continue Reading