Sources of Business Finance for a Small Business in Nigeria
The following are sources of business finance for small business in Nigeria:
- Ploughed back profit
- Loan from friends and families
- Esusu contributions
- Bank loans, etc
- Venture capitalists
- Leasing
- Selling of some of your assets
- Part-time/seasonal job
- Partners contributions
- Overdraft
- Loans from financial institutions
- Personal savings
- Government grants/incentives
- Credit purchase/trade credit
- Equity shares
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