Cash-strapped entrepreneurs may have a hard time getting their hands on outside financing. Fearing defaults, many banks balk at extending loans to companies that lack proven track records. As a result, small business owners often turn to their family and friends to help them launch their companies.
Dos and Don'ts of Asking Family and Friends for Startup Funds - NerdWallet
Posted by TaylorBPT under Raising CapitalFrom http://www.nerdwallet.com 3314 days ago
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