I think lending money is something that is very sensitive. Unless l really know them well otherwise l wouldn't attempt that.
Would you lend money to other people to start businesses?
- Thread starter Xtynehappy
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No, I will not lend money to someone to start a business. If s(he) has to start a business, s(he) should use his/her savings or borrow from banks or financial institutions.
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If I have the extra cash to lend out, I do not mind giving it out to someone else to help them, though it has to be someone I can trust.
No I would nor lend money to anyone to start a business in this day and age.I donot have that type of extra money..
If I can support someone to start a business, I would do so. I would not lend but give to support the person.
Yes I can lend money for investment if one asks. But I must make sure the person is reliable and committed
For me l am a person that likes helping so much. With that being said, l am very comfortable in doing that for free of charge in a matter of fact.
If it is not a family member, and I am giving you money to start a business, I must have a stake in that busines business. That help is for family members alone for my financial level.
For a good business experience, one should really fund their businesses with own money at least for the first time and take loans to expand the businesses.
