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BUSINESS

How to Borrow Money from Friends and Family

Posted February 10th, 2012 by mgreene

Budding entrepreneurs often turn to a lender that overlooks weak points, provides flexible terms, and negotiates a dream-come-true interest rate: the Bank of Mom or Dad. With zero established track record, start-ups often have trouble getting a traditional bank loan or funding from venture or angel investors. So after tapping their savings, founders often go [...]

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