Questions

Is there an advantage to fund your company with a personal loan vs equity?

2answers

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 6 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!


Answered 6 years ago

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