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Creative Business Financing Options: Friends and Family

Blood can be thicker than water in your search for startup capital funding. Family and friends can be a great source for bootstrap financing. They’ve got a vested interest in your personal success, and they may be willing to take a chance on you that no bank would. But with loved ones, you’ve got to structure any financing for your small business very carefully – and understand that the future of the relationship may ride on the success of your new venture.

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