How to Get Funding with Private Money
A private money loan is a loan between you and another private person. It could be a friend, a family member, or a business partner. The best part? You can structure it however you want as long as everyone agrees. There are no strict rules except the ones you make. But before you jump in, remember that you need to be generous. If you offer fair interest rates and fees, people will want to keep doing business with you. If you mess that up, you will run out of lenders fast.