How to Ask, Make It Legal & Make It Work
Auteur : ASHEESH ADVANI Edition : Nolo Pages:312 Format: pdf
About this ebook
Skipping the bank is an option learn how to ask for money from trusted family
and friends, keep it legal, and keep everybody happy. About 65% of domestic
banks report that they have tightened their lending standards for commercial
and industrial loans to small firms.Many entrepreneurs at the early and often
untested stages of launching or expanding a small business are having
difficulty qualifying for traditional bank loans or venture capital in the down
economy, particularly those with poor credit ratings. Business Loans From Family & Friends opens a window on an area of lending that
accounts for more than 50% of all startup business investment dollars, and,
additionally, is a great resource for those who have identified their lending
friends or family, but want to know how to structure the deal so that everyone
understands it and no one gets hurt.