Banks, credit unions and other conventional business lenders have tightened credit in the past several years, and don’t seem to be loosening their grip anytime soon. As a result, small businesses fortunate enough to be in a position to expand are having trouble securing the money...
First National Bank of Uncle Fred?
Borrowing money from a family member or friend to start or grow a business can be rewarding to both parties … or set off the World War III of feuds. It is definitely not something to jump into haphazardly.
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