Are you currently thinking of where to source capital to start a business or are you finding it difficult to get a source of business financing? We are always made to believe that doing business attracts huge financial investment; an idea that has destroyed the dreams of several would be entrepreneurs.

It is indisputable that business requires funding but a thorough assessment of how much is needed, what can be done to reduce cost to its barest minimum and ensure efficiency also play very vital role in the success of the running of the business. Here are three easy ways to raise funds for business:

Savings

The only source of business capital that comes with no obligations is your own savings. If you currently have no savings, it’s advisable you set a time frame and save up for your intended business project. Those who have already saved up some money can utilize it efficiently for their business investment.

Family and friends

Another source of financing an entrepreneur get to access easily comes from family and friends, these are people who believe in your dreams and wish you reach its full actualization. Family and friends are reliable and can be helpful most times, business capital from these close ones also come with lesser obligation.

Quick loans

Financial institutions have done greatly lately by coming up with facilities with lesser hassles and requirements. People can now access loans with little documentation within duration as quick as 24 hours. Several companies currently exist in the country granting such facilities; it is therefore advisable for one to choose the one that is most convenient. Most of these loans come with high interest rates but that can also be a good price to pay in order to reach one’s entrepreneurship dreams.



source; http://tushmagazine.com.ng/easy-ways-raise-business-capital-sme/

True talk Mod...
I love business.
I breathe transactions.
I love to acquire wealth.
I save 1/10th of all my income.
I have multiple income.
I invest from my savings
And save from my investments.
I am a wise man
I am a rich man
Be a wise man.
Be like me.

Nice one

FTC?

Not in nigeria....

PLS MY GOOD PEOPLE
I NEED ADVICE ON THIS,I HAVE A LITTLE CAPITAL OF 100K AND AM CURRENTLY RESIDING IN COKER IN LAGOS,WAT KIND OF BUSINESS DO U GUYS THINK I CAN START WITH

Abeg how do I get QUICK LOANS?

Who gives loans in Nigeria? The banks will feed on you like vultures do to carcass

Savings is difficult with the cost of living in Nigeria and the greedy government that tax us without services. But it still remains the only advisable approach to finance your business.

Do your things on your own and don't patronise the banks.

.

no job

judecares1:
PLS MY GOOD PEOPLE
I NEED ADVICE ON THIS,I HAVE A LITTLE CAPITAL OF 100K AND AM CURRENTLY RESIDING IN COKER IN LAGOS,WAT KIND OF BUSINESS DO U GUYS THINK I CAN START WITH

Pop corn business

ok

D MACHINE IS LIKE HOW MUCH

Joshuaoseoboh:

Pop corn business

Find those who are hungry for what you have to offer.....

Get an MVP they can feed on

Create a landing page/sales page for it and get them to pay for it even before you break into the market proper


Repeat and there you have your CAPITAL

------------------------------------------------------

I raised a seed capital through this method and determined savings that came from earlier jobs that i did while being on a full time JOB.......FORGET ABOUT THE BANKS...........look inward and you can see the CAPITAL

https://www.nairaland.com/4259416/5-lessons-learnt-starting-own

mybestlove:
Who gives loans in Nigeria? The banks will feed on you like vultures do to carcass

Savings is difficult with the cost of living in Nigeria and the greedy government that tax us without services. But it still remains the only advisable approach to finance your business.

Do your things on your own and don't patronise the banks.

That's the effect of writing what you have not practiced. These bloggers just copy anything and paste.

YouWin

what business can one start with as lil as 100k?

how can one get a loan in Enugu

I thought I was going to see something I haven't read before.

any loan agent here i need a loan

borrow is a no no for me.

no family is ready to give me money.

looking up to God for favour.

as for savings, money has to be coming in steadily o, else you'll spend all before another income comes.

regular banks don't give loans. Only micr9finance

judecares1:
PLS MY GOOD PEOPLE
I NEED ADVICE ON THIS,I HAVE A LITTLE CAPITAL OF 100K AND AM CURRENTLY RESIDING IN COKER IN LAGOS,WAT KIND OF BUSINESS DO U GUYS THINK I CAN START WITH

I will advice you learn a skill,trade, that's the only way you can utilise little capital efficiently..

Genea:
what business can one start with as lil as 100k?

judecares1:
PLS MY GOOD PEOPLE
I NEED ADVICE ON THIS,I HAVE A LITTLE CAPITAL OF 100K AND AM CURRENTLY RESIDING IN COKER IN LAGOS,WAT KIND OF BUSINESS DO U GUYS THINK I CAN START WITH

Genea:
what business can one start with as lil as 100k?

sir and ma, I would advice you don't rush into any business now until you've read like two or three books on how to start a business.
nobody would give you a unique business idea, except the usual pop corn and recharge card thing.
save yourself from future frustration.
have you considered learning a skill?

Good

Hello all Please you need to check this out... So urgent please www.didyouknowthesefacts.

op that word easy is misleading

obie3rixe:
True talk Mod...
I love business.
I breathe transactions.
I love to acquire wealth.
I save 1/10th of all my income.
I have multiple income.
I invest from my savings
And save from my investments.
I am a wise man
I am a rich man
Be a wise man.
Be like me.

Richest man in babylon abi na nairaland.

akpamfet:
Abeg how do I get QUICK LOANS?

i know of a firm that process quick loan within 2 hour . www.petjoaglobal.com