Theoella Enterprise Skill Acquisition BASIC TIPS FOR LOAN REPAYMENT
Adequate capital is important for the running of any business enterprise.
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About this Course
Adequate capital is important for the running of any business enterprise. Capital for a business can be obtained through personal savings, donations/grants, sale of shares, loans from financial institutions etc. Examples of types of business loans in the market are equipment financing, working capital, short term loans, line of credits etc.
Such loans can be repaid through the branches of the funding bank, through Net banking, Electronic Clearing Service, Unified Payment Interface , National Electronic Fund Transfer mandate etc.
The structure of the loan repayment set by the lender and the type of loan obtained will of course determine the repayment plan. Usually banks practice fixed monthly payments inclusive of interest for fully amortized loans. The following factors are proffered to enable business owners to repay their loan.
| Course Code | TES/OC/0086 | |
| Course Start Date | Started | |
| Course Duration | 1 Day | |
| Dedication | 1 Hour | |
| Number of Modules | 1 | |
| Level | Basic | |
| Category | Theoella Enterprise Skill Acquisition | |
| Language | English | |
| Video/Audio Media | None | |
| ₦ | Course Fee | 0.00 |
Certificate of Proficiency
A Certificate of Proficiency is awarded to you at successful completion of courses designed to prepare you for a new career or enhance your skill set. This empowers you to be more productive and marketable in today's global market.
Course Prerequisites / Requirements
This course has no strict requirements. Anyone is qualified to take this course so long as the student is familiar with taking online courses on the platform. Once registered in this course, you will be required to complete activities such as assignments or quiz in order to proceed. The course has been structured in a way to promote ease of understanding. You must be dedicated in this course; you should spend at least an average of 2 hours per day on this course.
