There are a lot of solutions to the lack collateral issue: 1) the assets purchased using the financing obtained can serve as security. 2) another person or business can stand in as surety (should you be unable to pay they will be liable to pay) 3) seek financing requiring no collateral such as contract financing or approach funders requiring no collateral. 4) approach SEFA Credit Indemnity Scheme or Absa Thembani International Credit Fund for a credit guarantee.
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