There can be. Debt is generally 'cheaper' than equity and also allows for flexibility in the event of default. Further, tying up equity precludes other investments.
Answered 5 years ago
If you believe in your company, its its a burning passion, I highly recommend getting the personal loan. Create terms you can live with. Hold on to your equity as long as possible!
Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.
Already a member? Sign in