Trustleaf Lets Business Owners Borrow From Friends & Family Alone

By: Rahul Kalvapalle - Dec 18, 2014
References: trustleaf
Trustleaf is an innovative microloan-landing service that allows business owners to seek loans from friends and family alone, without having to reveal their campaign to the public.

If you're looking to borrow money for a new venture, you start by setting up a campaign on Trustleaf's website and providing pertinent information about your business. Then, select your preferred loan terms. These come with different interest rates, minimum due amounts and an assortment of repayment terms.

Friends and family can then be invited to view the campaign. This system gets rid of the awkwardness that occurs when a friend or family member thinks the deal is unreasonable and wants to haggle but feels too uncomfortable to do so. Once somebody chooses to support your campaign, you essentially already have an agreement in place that both parties are happy with.