Q.
I’ve tried a bank loan but have been unsuccessful and am now looking to find a private investor but don’t really know where to start. What networks and channels can I go through to meet the kind of people willing to part with cash for a share of my business?
Q.
I need to raise £20,000 to get my business off the ground and have been advised to go down the bank loan route as opposed to giving up equity. Is it better to stick with loans for relatively low amounts of investment, or would an angel or private equity firm have more to offer?
Q.
I am starting a business and a friend is willing to invest some money but is not going to give up his day job - how do I formalise this legally and what are the issues I need to think about?