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FindTheLoan.com

07 Feb 2025

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Would you take up a personal loan instead of a business loan for your business?

A few times, we've spoken to clients with strong personal credit who are slightly over-leveraged on the company side. Their concern is that they would be the only ones liable, not their shareholders, even if they do a 2nd loan to the company. Since we haven't encountered many such cases, we thought we’d ask here for other perspectives!

Understand Seedly is a personal finance community, but I thought surely there are some aspiring entrepreneurs or business owners here!

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Khang Thái

2d ago

Depends on the situation. I've seen some ppl use personal loans cos it's faster, but biz loans can give better protection. You can check roshi.sg or lendela.sg to compare.

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Antonio Marsh

11 Apr 2025

Thanks for sharing this guide. I'll consider it for my business http://www.thevapetown.com/

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jw

12 Mar 2025

Thanks for sharing

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kirby

16 Feb 2025

Following

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Stella

15 Feb 2025

I think business loan more suitable for business...

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