
Pay back feaver π
Sometimes loan are just so attractive and an easy way to finance a business, but as it is always said "when the deal is good, think twice". U should always keep in mind that financial institutions are profit making organizations; as much us we see them as BIG BROTHERS always there to give us an helping hand, they are always there to make an extra coin sometimes from our shortcomings. It is therefore so material for yo you to consider your capacity to repay the loan; coz the financial institution is bating or your capital ( either stock, equipm, any valuabe or even the entire business) to aquare the lended amount in full plus the interest.
The big brother never loss. Just make a good assessment on your capacity & always borrow against ur income; wich should be adequate, timely, sustainable and reliable
This is to avoid the #paybackfeaverπ¨