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 …
8 Possible Reasons why your Business Loan Application was rejected Read More »
Owning and running a small scale business enterprise is not a walk in the park. It is a lot of work that demands so much discipline, due diligence, and commitment. Your business entity may not be as large as some other big business ventures, but that doesn’t make your work any easier. If anything, you …
Smart Financial Habits for Small Business Owners Read More »
It is becoming relatively easier to do business in Nigeria, the country moved up 15 spots from 2019 to be ranked 131 on the World Bank’s Doing Business 2020 Index. While this can be attributed to a number of factors within the country, access to working capital can be said to have played a major …
5 common reasons why businesses take loans in Nigeria in 2020 Read More »
So you are a business owner in Nigeria and you need a loan for your business to run operations, purchase stock, drive sales, or expand your business. You are probably already considering various loan options, providers, and offers, you might even be about to apply but WAIT! Are you really sure that loan option is …
10 Factors to consider before applying for a business Loan in Nigeria in 2020 Read More »
It’s 2020 and the global spread of the COVID-19 virus has affected not just our way of life but also how we do business or whether we do business at all. Countries across the world have had to take stringent precautions to curb the spread of the virus, such as nationwide lockdowns and shutting down …
There’s a saying that tough times never last but tough people do. Apparently, there’s also a best selling book of the same title. Anyways, the truth is, economic cycles go through an expansion and contraction phase and usually when it bottoms out, we’re either in a recession or worse, a depression. This is part of …
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