Raising money from family or friends is easy capital. Just be sure to follow basic but important lending guidelines when making a binding agreement to pay it back. Every entrepreneur at one time or ...
At some point in the life of your business, you will likely need to borrow money -- particularly if you need to buy new equipment or inventory. Loans from banks or other institutional lenders are ...
Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. If you’re lending someone a large ...
A promissory note is a formal lending document that outlines the terms of a loan agreement and confirms the borrower's commitment to repayment. Promissory notes should contain the parties involved, ...