ptonsparky
Tom
- Occupation
- EC - retired
For those of you that have invested in business other than our illustrious trade, what do you consider a fair payback for your $$? Percent of profit? Loan with set interest rate? Other (explain)?
A lawyer is being consulted by the borrower but at this point I can set the terms or at least suggest how I would like repaid. I do not expect a large profit share for several years but could be pleasantly suprised.
A lawyer is being consulted by the borrower but at this point I can set the terms or at least suggest how I would like repaid. I do not expect a large profit share for several years but could be pleasantly suprised.