Daily Archives: February 11, 2017
Otavio Veras, Researcher of the NTU-SBF Centre for African Studies
When the dream becomes a reality and you’re an entrepreneur with an exciting new business plan, one of the biggest headaches will be how to finance your SME.
Most often situations put us in a situation where we might need financial assistance, at other times, we do not know until some uncertainties just happen and we have no options than to get a loan. Whatever be the situation, marriage, vacation, re-location, business start-up, you ought to be conversant about how to find the best place to get a personal loan accompanied with lower rates. More so, you need to be decisive on the amount of money you need and how long you think you can pay back the money together with the interest. As some banks and institutions define the period of payment for you, others give you the opportunity to decide the period. In any of these situations, note that “the shorter the duration, the lesser the interest”.