Welcome to the Family Bank! [Cartoon]

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businesloans-welcome-to-the-family-bank

Borrowing from friends and family is a popular way for business owners to obtain financing. Still, a loan from a relative or close personal friend can be an emotionally taxing experience. Keep your relationships healthy by putting your agreement in writing. You’ll be glad you did.

For more information about borrowing from friends and family to finance your small business, check our Guide to Family and Friends Financing.

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