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Start-ups are the lifeblood of our economy and innovation across the globe. Even the smallest business endeavors need some initial funding to get off the ground. Personal savings, investments, or retirement money are a common first source of finance for people beginning small enterprises.
These sorts of cash cannot be used for personal or family requirements once they are committed to a company enterprise. Most of the time, when a small business receives start-up capital in the form of a loan, the business owner must guarantee the loan by putting up personal assets like a home. Not many entrepreneurs are ready to make the financial commitment of putting their home’s equity at risk
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Asire Consulting
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