₦airaland Forum

please can someone who successfully started a business share how to raise capital. I've been trying to startup a business for a while but getting capital has been difficult, I just finished school so as you may expect, I've virtually no collateral so I might not qualify for a loan, what funding options are available to me?
your replies would be most appreciated, thanks.

Tough one is this clime. First put ur start up idea into a business plan and financial projection. Then approach friends, family and investors. These investors can be sourced online too. If after trying this, you are still not forthcoming, you may approach a bank.

Godmotherij:
please can someone who successfully started a business share how to raise capital. I've been trying to startup a business for a while but getting capital has been difficult, I just finished school so as you may expect, I've virtually no collateral so I might not qualify for a loan, what funding options are available to me?
your replies would be most appreciated, thanks.

Check this out: www.ideaflavour.com/business-finance/

Or www.ideaflavour.com/how-Start-business-with-no-money/

Alexious:
Tough one is this clime. First put ur start up idea into a business plan and financial projection. Then approach friends, family and investors. These investors can be sourced online too. If after trying this, you are still not forthcoming, you may approach a bank.

I've done the plan already however I don't have a source of income so I don't know if I can secure a bank loan, raising money from friends require paying back within a stipulated time and as this is a new business requiring time to stand, I'm not sure I can get enough to payback in 2-3 months without hurting the business. what. else can I do?

godwinstringed1:
Check this out: www.ideaflavour.com/business-finance/
Or www.ideaflavour.com/how-Start-business-with-no-money/

thanks.... I'll definitely check it out now ☺

Godmotherij:
I've done the plan already however I don't have a source of income so I don't know if I can secure a bank loan, raising money from friends require paying back within a stipulated time and as this is a new business requiring time to stand, I'm not sure I can get enough to payback in 2-3 months without hurting the business. what. else can I do?

Ok, if u have a business plan, then t good to go. Am in a similar situation. however, we can talk more on phone pls 09057220888.