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Liaising with a bank to start a business.

King Belieal

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There are some businesses that are managed by banks. Such businesses are funded by banks at startup. The bank manages the business for the entrepreneur and uses it's influence too to secure sales so that the business would do well.

That is how my aunt started with her wholesale grocery business and the bank ran it for five years to recover their investment and left the business for her.

How easy is it to liaise with a bank to start a business?
 
Knowing Nigeria, it's definitely going to be stressful as they would require a lots of documentation and go through a lot of process before they can decide to help you.
 
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