Posted on February 9th, 2012
Every now and then, an opportunity comes knocking to an entrepreneur. More often than, however, those opportunities come when he or she is short on funds. Fortunately, there are many money lenders who can provide additional funds. But to be safe, the entrepreneur should be sure that the source is a licensed money lender which is accredited by the government for him to get protection. Like insurance on his submitted collateral (should it be required), and of course, insurance for himself.
Once it is established that the money lender is authorized, he can proceed with the processing of loan. An entrepreneur would not want an opportunity pass him by just because of lack of funds. He knows better that it is not everyday that opportunities will come knocking at his door. But while he is on the lookout for opportunities, the entrepreneur also knows which one to pick and which one to pass.
What is important here is that, while he may not liquid at all times, he have a list of licensed and authorized money lenders, and other reliable funds sources, so that when a good and feasible venture comes his way he will be ready and he would not “miss the bus,” so to speak.