If you’re making a loan to a business, the same questions as for individuals apply. In addition, you should first review the business plan of the particular business you’re thinking of lending to so that you understand all of the following:- What does the business owner do? What is the nature of the business? What [...]
loans
Making Private Loans to Individuals
What we propose is that ideally you look at private lending with security—that is, with some type of collateral. That security could be a multitude of different things. There are different considerations if you’re making a loan to a business than if you’re making a loan to an individual. Below is a list of some [...]
