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My sister owns a startup She took gold loan at the beginning of the company for investment. Later after few months she took loan for working capital. Now she is planning to buy vehicle and asking whether she can prefer to take another loan or not. I

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Anonymous

Anonymous 2

Stealth • 8m

Your assets should generate cashflow before your liability demands an outflow. Ask this question and if the answer is Yes, then you'll be in a much better position to evaluate. Taking another loan is not a good idea though.

0 replies1 like

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