I am looking to raise 20 lac rupees for my business
Maximum rate of interest which I can service is 12 percent per annum with a 4 year tenure ( 5 lacs back in the principal every year for 4 years)
I don't have any collateral to offer but a sound bus
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Anonymous 1
Hey I am on Medialย โขย 11m
You could rather get debt as it is cheaper than equity if your business is healthy..
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Have you read the book "Rich Dad, Poor Dad"
written by "Robert Kiyosaki" . he is a genius.
He admitted to having more than $1.2 billion in debt ๐คฏ. you might have watched his yt Shorts claiming that.
He views this debt as a strategic move and a par