What is the fastest means of raising funds for business project?

[Setfragil]

The fastest means for raising funds for your business is your personal savings for the business. Grants gotten from parents, friends and family are also one of the fastest means of raising capital for a business project.

 

[Grandeur]

There are different branches in the financial sector now that provide long and short term loans which are not throat slicing like you mentioned, example are mobile loan application like carbon that charge as low as 12% monthly.

 

[Setho]

The fastest way that you can raise money for a business project depends on the kind of business you want to open. For a small business you can look out for grants and donations by for big businesses you can look at for loans.

 

[Jlife]

The fastest way of raising money to start up a business is getting a loan because with a proper collateral you will be able to get a loan within a short period of time, but loan as a whole is not the best.

 

[delnovem]

Friends and Family. Borrowing money from friends and family is one of the easiest ways to get funding for a startup.
Small Business Loans or crowdfunding

 

[Yusuf]

The best way to get funds to start a project or Business is personal savings. Another major means Is to seek for loan from families and friends and ensure they know what you are using the funds for

 

[Hena101]

I think the fattest way of rising a fund to start a business is collecting loan from banks or individuals that are willing to give because of the faith they have in you and the business.

 

[Bousine123]

Bootstrapping and borrowing from friends and family has Been the most effective method used by lots of people go years now.

 

[Richard92]

You mean fastest means or easiest means? Any way you wanna out it, the fastest way is maybe you approach a bank for loan and overdraft and foot the projects or you talk to some few family and friends to help you out getting the funds if bank isn't responding.

The fastest means of raising money for your business project is definitely going to the bank to get loan for most people don't like getting loan from the bank because of the higher interest rate in bean back.

 

[Sotherefore]

The fastest way of getting money to start up a business is by working on yourself and getting the best out of the work you are doing, sometimes grants by the government can also help.

 

[Richard92]

The fastest way of getting money to start up a business is by working on yourself and getting the best out of the work you are doing, sometimes grants by the government can also help.

The fastest means of getting capital for your business is from your individual savings and also government grants with the issue can be able to get first Capital to start up a small business.

 

[Sotherefore]

The fastest means of getting capital for your business is from your individual savings and also government grants with the issue can be able to get first Capital to start up a small business.

Unfortunately government over here do not give grant to people and that could have been the fastest way of getting money to start up the type of business you are really interested to do.

 

[Setho]

I believe that the quickest means that you will ever have as a means of raising money for a business is through bank loans because some of them are even disbursed instantly.

 

[Thinker009]

I think loan is part of the fastest , but it's very risky because the business must find a way of repaying the loan and others before actually going for the business

 

[Sotherefore]

I think loan is part of the fastest , but it's very risky because the business must find a way of repaying the loan and others before actually going for the business

Getting a loan is a risk a lot of people are taking hoping that their business will succeed and they will be able to pay back the loan, sometimes it is not always the best option.

 

[Richard92]

Getting a loan is a risk a lot of people are taking hoping that their business will succeed and they will be able to pay back the loan, sometimes it is not always the best option.

The fastest way to raise funds for your business is through getting a loan from commercial Bank but it is very expensive when it comes to the interest rate at this is why many people don't buy the idea.

 

[Sotherefore]

The fastest way to raise funds for your business is through getting a loan from commercial Bank but it is very expensive when it comes to the interest rate at this is why many people don't buy the idea.

The interest rate is not so expensive that you will not be able to pay but the problem about loan is that sometimes failure can occur in the business and you may not be able to pay it back completely.

 

[GoldenLady]

The fastest means of raising capital for a business is through personal savings because it is your money and as that you have access to it any time any day. However, in the event your personal savings isn't enough, you could borrow from family and friends because it is another fast alternative.

This is the best way, to use your personal funds. Sometimes borrowing from family and friends can be an issue, so it might be best to look for external sources then

 

[Thinker009]

Getting a loan is a risk a lot of people are taking hoping that their business will succeed and they will be able to pay back the loan, sometimes it is not always the best option.

It risky that's why the person needs to be very much careful when making that move to borrow a loan because of how risky it , if the person dosent repay he might loss all the collateral

Post automatically merged: Aug 19, 2021

Getting a loan is a risk a lot of people are taking hoping that their business will succeed and they will be able to pay back the loan, sometimes it is not always the best option.

Although most business settles out the loan after borrowing but they are only few , because more percentage actually lose out and don't repay the loan afterward

 

[Kelly5]

The fastest means of seeking funding to start your business if you have all that is required to get the money is through loans. But I won't even advise this means because I won't go for it personally.