Quote:
Originally Posted by Phoenix
thanks guys...have a few things to mull over now
i don't mind the idea of a loan, but rather find someone who wants to take say 25%
perhaps a loan then, and if the loan isn't repaid in time they can start claiming shares.
back to my planning board  |
at one point we had a somehow similar decision to make and i am happy we went with a loan. we paid it back with an interest (nothing crazy - about the same a bank would have taken) and were done.
if we would have went with giving parts of the company away, it would have cost us A LOT more. best decision ever