Yes. Although it is said that it is not very good to borrow from the bank, sometimes, for certain things it is good to take a loan. What exactly is it good to borrow for? …
Taking into account the fact that sometimes you really can’t collect large sums of money at once in order to start a business or develop it, you can look for financiers. Of course, you will no longer have the same freedom, because the financiers will have their say. Basically, it’s their money.
Important is your creation, namely your business, your child, you can call it that. Because if you don’t want it to be lost after many years in which you invested time, nerves, money, it’s as if you don’t want it to go to waste now… And then you look for solutions, sometimes borrowing, or looking for a loan.
If you need a loan, there are dozens of banks or IFNs that even offer online, without going to the counters. You can buy what you need for your business until you break even. Or until you develop, because in the end you have to keep up with the competition.
Another situation where it is legitimate from a commonsense point of view to take out credit would be a home loan. There is nothing wrong with having your own home. You take out a real estate loan in a bank because you know that you may not be able to raise several hundred thousand euros to buy it with cash.