 Bank Lapoan

https://www.studysmarter.co.uk/explanations/
business-studies/financial-performance/external-
sources-of-finance/0

https://www.youtube.com/watch?v=DAZi6XcTZzE

https://www.nibusinessinfo.co.uk/content/advantages-
and-disadvantages-bank-loans

https://www.cnbc.com/select/small-business-loan-
types/

Bank loans are also one of the most common

external sources of finance.

o Definition

WHAT IS BANK LOAN?

Bank A loan is an amount of money borrowed for a set

period within an agreed repayment schedule. The repayment
amount will depend on the size and duration of the loan and the
rate of interest.

This works just like a personal bank loan - your

business borrows a sum of money and pays it back
over a set period of time, with interest charges added.

Borrowings from banks are an important source of finance to start

up technopreneur. Dahil mabilis nilang magagawa o ma e
establish ang kanilang negosyo.

Secured loan
Definition
Secured business loans use collateral to reduce lender
risk, allowing small business owners to potentially
unlock more attractive rates and terms.

For the word itself secured means the bank has a

lower risk to borrowers because it requires a collateral
for example the borrower failed to repay the loan. Per it
term the is allowed to seize or collect the borrower
asset that is equivalent to his or her amount of loan.

For example sa mga teleserye na napapanood natin

usually ung mga mayayaman na kontrabida may
negosyo tapos itong bida na laki sa hirap tapos biglang
lumago ang negosyo para tapatan ung business ng
kontrabida. Ngayon itong si kontrabida mapipilitan
mangutang ng mangutang sa banko para mag survive
ung business niya hanggan sa hindi na niya
mabayaran ung utang. Ngayon itong banko
kokolektahin na ung mga personal assets at business
assets ni kontrabida then ung fun part dun is ung bida
is bibilihin ung collateral para may ultimate revenge.

Types of secured loan

-Real Estate

Business Equipment

Inventory

Cash

Investments loan

Car title loans

Life insurance loans

https://www.nationalbusinesscapital.com/blog/types-
collateral/
https://www.investopedia.com/secured-loans-5076025
 What bank that offers a secured loan
AsiaLink Finance and traditional banks such as
Security Bank, Metrobank, BDO,

Pros and cons to technopreneur

advantage
- You can use it for any legal purpose
- You don’t need a perfect credit score to get a secured
loan
- You can usually borrow larger amounts
- You may be able to access lower interest rates
- You can use your repayments to build up your credit
score

Disadvantage
- Borrowing more than you need could lead to financial
difficulty
- You could pay more interest overall if you spread
payments
- Your property could be repossessed if you don’t
maintain repayments

https://www.oceanfinance.co.uk/loans/secured-loans/advantages-
disadvantages-secured-loans/

Unsecured
An unsecured loan is a loan that doesn't require any
type of collateral. Instead of relying on a borrower's
assets as security, lenders approve unsecured loans
based on a borrower's creditworthiness.

Examples of unsecured loans include personal loans,

student loans, and credit cards.

Types of unsecured loan

-Credit Card
-Personal Loan
-Salary Loan
 https://www.moneymax.ph/personal-loan/articles/
unsecured-loans-philippines

What bank that offers a unsecured loan

Pros and cons to technopreneur

Advantage
-Low Risk
-Available to anybody
-Quick Approval Process

Disadvantage
-Higher interest rates
-Lower loan amount
-Shorter loan term

 Investments from Venture Capitalists

Venture capital is a type of private equity
investment that venture capital funds or
organizations offer to startups, early-stage, and
developing businesses that have either shown
or have a high potential for growth.

o Example Situation

o Advantage
 -Substantial Funding
Malaki ung natatanggap na pera mula sa established
company or organization para sa start up
technopreneurs
 -Open to Risk
So itong Venture capitalist ay open sa risk ng nag sisimula
pang na technopreneur
 -Hands on Support
Hands on ang kanilang suporta mula sa simula
hanggang sa lumago
 -No Repayments
Ibig sabihin walang babayaran pabalik ang
technopreneur sa venture capitalist kahit malugi man
o hindi. dahil sabi ko nga open sila sa risk
 -Networking Opportunities
Ibig sabihin mas makikilala pa ung bagong business
ng technopreneur dahil makaka gain ng access ito sa
malaking organization ng venture capitalist.
 -Quicker Growth
So dahil sa malaking pera na I invest ng vc sa start up
business at sa suporta na ilalaan nito dito. Mas
mabilis ang pag lago ng negosyo para ma outpace
ang mga competitors at ma achieve syempre ung
gusto ng vc

o Disadvantage
 -VC’s Have high standards
Sobrang taas ng standard ng VC firm base sa nabasa
ko only 5% lang ung napipili sa 2000 na start up
technopreneur. Bali isa lang ung napipili sa dalawang
libo

 -Giving Away Shares

Para ma manage ng technopreneur ung kanyang
negosyo is kailangan niya din ng ibang tao at ito ang
magiging share holder ng kanyang company. Habang
dumadami ang share holder mas na re reduce ang
decision making ng owner dahil nakasalalay din dito
ang investment sakanya ng shareholders.

 -Pushed Too Far, Too Fast

Dito sa VC is kailangan dito ang mabilis nap ag lago
kaya kailangan I maximize ung mga gawain para
lumago at makuha ung roi ng venture capitalist.
Syempre hindi maiiwasan ng mga start up
technopreneur na ma pressure sa proseso.

 -Distraction
 Sa pag focus ng technopreneur mapalago ang
kanilang negosyo sa daming tao na nag de desisyon
dito. Hindi maiiwasan ma distract ng owner sa dami
ng ideas na fo formulate.

 -Hard to Get the right deal

 -Can’t go back
Kapag nasimulan na ang investment of venture
capitalist wala ng balikan tuloy tuloy na ito.

In major types of Financing Sources, which is the best option you

can recommend to a person who wants to start a small business?

Bank loan either secured or unsecured loan. Kung gusto mo

matuto at maging independent mag simula ka sa sarili mong
diskarte bago ka mag seek sa

What will you recommend to a person who is new in building his

or her own business in selecting a kind of internal sources such as
personal funds and etc. And Why?

Selling unwanted assets. Para sa mga nag sisimula palang mag

negosyo at nahihirapan umutang sa banko para makakuha ng
capital is ibenta na ang mga gamit na hindi na kailangan habang
may presyo pa.
Is it okay to loan or borrow a money for your financing in business,
one after another, as long as you can repay it?

Yes, as long as alam mo kung anong ginagawa mo at aware ka

sa risk na pwede kang mahirapan kapag ginamit mo lang ito sa
luho. Sa bank loan kasi kapag nangutang ka ng sunod sunod
habang hindi mo pa bayad ung un among inutang is ma co
consolidate naman yan. Ibig sabihin maipag sasama sa iisang
bayaran.

What are the tips you can give to us, especially to the person who
wants to start a business to maximize his or her financing
resources?