Business Owners should take 38 Precautions while raising funds for business & dealing with Banks, FIs, Pvt finance & Loan consultants. Don’t get cheated.
All business entrepreneurs of all sizes, whether you are an MSME Micro, Small & Medium Enterprises or a Mid-Size large enterprises or a Startup entrepreneur, one should & must Take “38 Precautions” while trying to Raise funds for Business, whether in the form of business loans or capital for business in any other form. Whether you are trying to raise funds for business from any commercial Banks be it Public sector banks, multinational banks, co-operative banks or more importantly private finance from various private sources & private financiers, these 38 precautions are very important to be followed.
In this Video tutorial, we discuss “38 Precautions” in 3 different modules. In this video, we discuss some very important precautions to be taken while applying & dealing with the Banks & Financial institutions, different set of important precautions to be taken while dealing with the private financiers & private sources and finally different set of important precautions to be taken while dealing with Business & Loan consultants, who have promised you the moon.
One has to be extra careful while dealing with Loan consultants & business consultants who have promised to get you that “ Big Loan & Big Money” from various Banks, Financial Institutions and various private sources. These days, it has become quite rampant everywhere & we keep reading in the newspapers, literally every day, how gullible business owners planning to raise funds for business are being cheated. Business owners are getting cheated big amount of money, which is very sad.
If you are not careful & do not exercise these precautions, you would not only get cheated but would get ripped off royally and also fail in your attempt in raising funds for business or loans from any Bank or Financial Institution or private sources. Apart from your hard earned money, you would also waste your precious Time & Effort.
Still worst, this would also impact your Credit Score & Credit ratings very badly & negatively. Ultimately all these would start reflecting in your credit history, making things very bad even in the future.
