monkeytree
New Member
A close friend of ours wants to borrow $100k and promise to return $50k after one month, and another $50k for six months. He needs the money for his business and his real estate payment temporarily. Do you have any suggestion how can we write contract for this loan and what legal advice you have if he fails to pay back the loan? Will it be better if he personally or his company to borrow the money?