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It's a proposal that was put to my Dad, my dad asked for my advice and to go halfs on the risk / profit. Because of that I sat down with the guy requesting the money and heard about his business and why he needs the money.
There is a decent return there, but my question was more about - if it...
Hi everyone,
First post so I hope you can help.
I wanted to know how secure a personal loan agreement is and if there is anything contractually that I should look out for.
I have a friend of my parents who needs 60k for cash flow reasons for his business. He is happy to put everything...