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Quick background. For the startup/business I'm in the process of moving ahead with, startup costs will be somewhere between 30k and 50k.
I do not have this cash on hand however I have more than enough in investments.
I could simply liquidate some of my Holdings (get taxed on it) and use the cash.
I could borrow against my investments and pay myself back.
I could try and get a small business loan and then owe the bank.
Could do a Personal loan and get hammered with high interest rates.
Could also borrow from family and pay back with "less stress" (yes I'd pay it back...more than likely with no interest).
I always hear about how so many people start by doing some smart financial move where they don't have much out of pocket blah blah blah.
Am I missing a viable option? If not, which if the above would be the best choice?
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- 1 week ago
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