There’s no way around it — not all businesses can remain busy all year-round. Maybe you’re a retail outlet whose business booms around the holidays. Perhaps your business experiences infrequent lump sum payments with long periods between incoming payments. Whatever the reason, not every small business flourishes all year-round, and this can make the slow weeks …
Opportunity knocks — but does your business have the money to listen? 😄 😄 Ah ah feel that quote from lendigo? A lot of business owners shy away from loans because of the numerous stories that we have heard. Some of which includes: Debt being bad for business. Loan companies enjoy disgracing people when they …
4 REASONS WHY YOU SHOULD YOU TAKE A LOAN TO EXPAND YOUR BUSINESS? Read More »
We live in a world where the majority of people hold myth as truth and truth as a myth. When this happens in the business world, the uniformed bear the grunt of the whole problem. The backlash results in people suffering from setbacks, stagnation, or the utter doom of their businesses. Why suffer from loss …
Common Misconceptions About Getting A Business Loan Read More »
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. …
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 …
5 Documents your Lender Wants you To Sign and Why Read More »
Do you need funding for your business? All over the world, business owners have come to terms with the fact that they need to pump funds into their enterprise at one time or the other for growth and survival reasons. If you find yourself in need of funds for your business, there are several online …
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 …
Common Requirements for getting a Business Loan in Nigeria in 2020 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 »
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 …
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