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Business Loans

Long Term or Short Term Business Loans: Which Is Right for Your Business?

Long Term or Short Term Business Loans: Which Is Right for Your Business?

When it comes to financing a business, most business owners are confused about taking long-term or short-term business loans. When it comes to business loans, most business owners are at crossroads. They just don’t know which type of loan is right for their business. There is no denying the fact that any business needs money …

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How to Build Creditworthiness as A Small Business Owner

How to Build Creditworthiness as A Small Business Owner

Creditworthiness is one of the most important things that all small business owners should consider when starting their business. We can define creditworthiness as the extent to which a business is deemed suitable for financial help. Creditworthiness is judged based on how reliable a business was in paying back its past loans or debts. Creditworthiness …

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Lending Terms Small Business Owners Should Know

Lending Terms Small Business Owners Should Know

As a small business owner applying for a loan, you can easily feel bamboozled with some of the lending terms you hear from Lenders. We understand how confusing we might sound sometimes, so here’s an opportunity for you to get familiar with some of the lending terms you should know as a small business owner. …

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Check out these 5 documents your lender wants you to sign and why. Procure loans quicker and faster by having these signed documents handy

5 Documents your Lender Wants you To Sign and Why

I think you’ll agree with me when I say: It’s REALLY hard to procure a loan from most individuals or corporate organizations. Reasons for this are not far fetched— they all want to guarantee repayment and ensure their interest is protected, even from the onset. When borrowing money, there are small business loan documents required for …

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Possible Reasons why your Business Loan Application was rejected

8 Possible Reasons why your Business Loan Application was rejected

Stories of rejections flood the timelines of many business owners and so these stories have somehow shaped the idea that business loans are difficult to get. In reality, business loans can be gotten without hassle but this is only possible when the borrower meets the requirements. Now, this is where the difficulty may come in …

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Common requirements for getting a business loan in Lagos, Abuja, Nigeria in 2020

Common Requirements for getting a Business Loan in Nigeria in 2020

You are a business owner in Nigeria, and you are considering getting a business loan to finance your business growth, stock inventory or cover operational expenses, odds are, you are currently researching loan options and offers (we discuss loan options available to you in Nigeria here), and wondering what the general requirement could be for …

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