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	<title>Comments on: Loans. Should you?</title>
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	<description>Talks about the creative industry. Advertising, print media, branding.</description>
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		<title>By: ridj</title>
		<link>http://www.mrmalique.com/index.php/loans-should-you/comment-page-1/#comment-1332</link>
		<dc:creator>ridj</dc:creator>
		<pubDate>Fri, 27 Jul 2007 11:14:10 +0000</pubDate>
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		<description>Hi Malique, I think your first choice should be friends and family, instead of banks. Banks charge cutthroat interest and this is what will burden you over the long run. Whereas family and friends are more &#039;tolerant&#039;, even better if they&#039;re supportive.

I have also encountered a number of companies that use old Macs and can still play the field. And then there are those who go thrifty, using Mac Minis only. But the best way of course, is to thread one step at a time. There&#039;s no shame in starting out with a home office, just to keep the overheads low from the start and be able to reinvest more of your profits back into the business. This makes for a healthier start.

From my experience, OCBC is the friendliest bank to small startups. They allow you to start an entrepreneur corporate account which makes your company look professional and at the same time, doesn&#039;t cost you a bomb. Check it out.

I hope your dreams will come true. Insya&#039;Allah.</description>
		<content:encoded><![CDATA[<p>Hi Malique, I think your first choice should be friends and family, instead of banks. Banks charge cutthroat interest and this is what will burden you over the long run. Whereas family and friends are more &#8216;tolerant&#8217;, even better if they&#8217;re supportive.</p>
<p>I have also encountered a number of companies that use old Macs and can still play the field. And then there are those who go thrifty, using Mac Minis only. But the best way of course, is to thread one step at a time. There&#8217;s no shame in starting out with a home office, just to keep the overheads low from the start and be able to reinvest more of your profits back into the business. This makes for a healthier start.</p>
<p>From my experience, OCBC is the friendliest bank to small startups. They allow you to start an entrepreneur corporate account which makes your company look professional and at the same time, doesn&#8217;t cost you a bomb. Check it out.</p>
<p>I hope your dreams will come true. Insya&#8217;Allah.</p>
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