+- Sup Startup (https://supstartup.com)
+-- Forum: Startup Forum (https://supstartup.com/forumdisplay.php?fid=3)
+--- Forum: Entrepreneur (https://supstartup.com/forumdisplay.php?fid=13)
+--- Thread: Is this proper business practice for a lending contract? (/showthread.php?tid=7731)
Is this proper business practice for a lending contract? - AmandaRob - 10-12-2021
Is this proper business practice for a lending contract?
I have a friend who is in need of funds for their business. I'm looking to lend them $500 in return for 5% of net profit for 1 year, with the $500 being due at the end of that year. Is this fair?
[link] [comments]