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Short term small loans to start a bussiness .

D

Devil Singh

Guest
Hey guys ,, i need any platform to get small short term loans easily for starting my Online related bussiness
,related to crypto currency !!,i only require 400-500$ .
Help;) me -:D;):D
Thankyou !!.
 
If you're a old Reddit user you can ask for a borrow here >
You need at least 1000 Karma and a 90 days old account. Reddit is a great place for what you need,
Good luck :)
 
But then members get some additinal previliges over the non members from the such societies! I am member of such Co operative societies where we get better rate of interests on our fixed deposits when comared to other banks!
Yes I agree that becoming a member from cooperatives gives an advantage to certain things which some banks could not really offer.
 
I think you should not take any type of loans,because you don't know for sure,if the business that you have started will have success.It is better to start a little business with your own funds,which you have accumulated in time.
 
I would not take ANY loan to start a business. Try starting a business with a low investment, like service-based business. I try to avoid loans and debt. Debt is slavery.
 
I have to agree.Better put aside some cash in a longer time,and after making more researches online and after asking for financial advice from experts, you can invest in a small business.
 
Hey guys ,, i need any platform to get small short term loans easily for starting my Online related bussiness
,related to crypto currency !!,i only require 400-500$ .
Help;) me -:D;):D
Thankyou !!.
Well, I think that if you want to start any kind of a small business, its always better to arrange for the money on your own. The loans offered by any financial institution would incur huge interest rates and I don't think that it is worth to be in debt right from the beginning when it comes to starting your own business. You can work online for some months and try your best to earn the amount of $ 400 to $ 500 and I am sure it will give you a lot of confidence for your future endeavors.
 
I am of the same opinion.It is better to put aside some cash for couple of months or even a year,and then with the accumulated funds to start your own business.It is recommended to have an experienced partner as well,who can collaborate financially as well.
 
Microcredits are usually issued for a very short time and at high interest rates; this option is not suitable for opening a new business.
 
Getting a small loan is alot easy over here, you just have to get an account with a mortgage bank for at least 6 months and request for loan. you should try to have a very good plan before getting the loan. it will help you to pay back.
 
If crypto currency is not supported by the country the poster want to run the business, bank loan might not be an option because no bank will be willing to give loan on business related to crypto currencies due to their volatile nature.
 
Hey guys ,, i need any platform to get small short term loans easily for starting my Online related bussiness
,related to crypto currency !!,i only require 400-500$ .
Help;) me -:D;):D
Thankyou !!.
Which online business do you want to start? Where are you based? I think raising $400-500 should not be a big issue. You could ask your family or friends to lend you money, in return you can give them some share in your company, and a promise to return back the borrowed money within a stipulated time. For that you need to have a solid business model and your business should be profitable. You could also try P2P lending service, Lending club or a website known as Prosper.
 
I think one should watch out with the interest rate applied. Your loan can be small but if there is a big interest rate. It can affect you badly. So make sure to atleast think before you invest into the loan application. Better to save money and then have some sort of safety net before taking the loan. Always have some sort of exit plan before you take loan.
 
I don't know in which country you live but i you were a citizen of India you could get this amount easily from any nationalized bank under "Startup" scheme. Under this scheme an amount up to $1500 (INR 100000) is provided without collateral security.
 
I don't know in which country you live but i you were a citizen of India you could get this amount easily from any nationalized bank under "Startup" scheme. Under this scheme an amount up to $1500 (INR 100000) is provided without collateral security.
Wow! that is great but if there is no collateral or security how can the beneficiary be accessed if he or she fail to pay back the loan and decide to abscond from the region.
 
the best is go directly to your local bank and apply for a small business capital loan, they will be glad to accommodate you and much safer for you.
Hey guys ,, i need any platform to get small short term loans easily for starting my Online related bussiness
,related to crypto currency !!,i only require 400-500$ .
Help;) me -:D;):D
Thankyou !!.
 
I doubt if there is any legit online platform that can loan you money to run your business but the bank or platform for such soft loans in your country should be able to grant you that.
 
Banks mostly now gives loan to existing business, business that are already in existence will get loan faster than startups especially without a good collateral to show.
 
Banks mostly now gives loan to existing business, business that are already in existence will get loan faster than startups especially without a good collateral to show.
They believe that existing businesses already have the market size and potential to survive through the records submitted while applying for the Loan but for start up no guarantee for sustainability.
 
They believe that existing businesses already have the market size and potential to survive through the records submitted while applying for the Loan but for start up no guarantee for sustainability.
That's the whole idea and it has been working for them.Even me as a person it will really take a very close person to get a loan from me to start a new business I will be very sceptical,so it's same with banks.
 
That's the whole idea and it has been working for them.Even me as a person it will really take a very close person to get a loan from me to start a new business I will be very sceptical,so it's same with banks.
It is the more reason why if one starts a business in small scale with his or her own money is far better than loan. Loans are meant to expand a business mostly.
 

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