Debitum network; the perfect partners for a better business life
The world as it is now is operating under the principle of "survival of the fittest". This principle cuts across all sectors including the business financing sector. As it stands now, the major beneficiaries of bank loans are mostly the large scale enterprises . Banks only consider giving loans to the large scale enterprises because of the regulations attached with the loan contracts which small scale enterprises cannot afford. Sometimes I ask myself should you only be feeding the bigger and working horse alone leaving the smaller less active horse? Who will work for you in a time to come when the bigger horse is weak? These are issues which are overlooked by banks. These and many other confounding factors have led to the establishment of many other alternative financing industries. Alternative finance industries These are non-traditional, non-institutional routes which provide financial help to people who seek them. These industries provide financial support fo...