Updated over 7 years ago on . Most recent reply
Need Advice on How to structure a deal with Partners
It's been a challenge getting financing from banks mainly because I'm self-employed and I haven't had a W2 in years. Now I'm being creative and looking to raise money outside of the banks with private funding. For those who have gone this route, can you please advise on the best deal structures? please give examples if you can. I'll like to structure a deal where I bring cash to the table and where I don't. Ultimately I want my partner(s) to have majority of equity since this is my first go and I'll like to build some trust. These are also friends that I already know personally. Thanks.