[geyu29]

Get a loan (which i oppose)

I feel very much the same, however sometimes It's Inevitable.

In such cases, the objective Is to pump every dollar Into the loan and pay It off asap.

Thats the real problem, loan personally i think is unethical and dont want to be in debt to anybody.

Second, financially speaking, you have a liability to pay interest on top of the loan.

Third, in terms of business start-ups your objective should be to break-even, not paying off the loan, when you start-up you dont completely know how much money you will have to spend for costs you had not predicted which happens quite often perhaps a few thousand up or down from your initial estimate.

If you decide to get more loans, the lender needs evidence that you can pay it back.

And lastly the legal implications you might get into, such as your assets being taken away, or if you use your business revenue and not pay tax or other activities regarding the business.

These are just examples, not meaning its going to happen. For somebody who has millions in assets can sell and start-up their business without a loan ,so be creative, You need to stick with your plan and be very persistent, which is key.