Help! My Girlfriend Asked Me For a Loan To Start a Business

How do you handle a situation where the one you love asks for a loan to fund a business? Suggested Reading ‘RHOA’ Star Kandi Burruss, Todd Tucker Finally Reach Conclusion in Messy Divorce You’ll Never Believe What Happened to Keke Palmer at SXSW Panel Dak Prescott and Sara Ramos Interesting Relationship Timeline Video will return…

How do you handle a situation where the one you love asks for a loan to fund a business?

Video will return here when scrolled back into view
Trump’s Tariffs Might Stick Around. What Should We Buy Now?

Great question, but the answer may not be so simple. In a situation like this, it’s important for you to clearly differentiate your emotional feelings from the business concept and loan request. Unfortunately, this isn’t necessarily a simple task. It is natural to want to assist the one you love. However, just because you’re involved in a relationship with her doesn’t necessarily obligate you to make a loan to fund her business venture.

It would be in your best interest to evaluate a business loan to your girlfriend in the same way you would with another 3rd party. Be willing to sit down and ask the tough questions.

image credit: black enterprise

Read More: http://www.blackenterprise.com/money/help-my-girlfriend-asked-me-for-a-loan-to-start-a-business/

BlackEnterprise.com is the premier business news and investment resource online for African American business owners and aspiring entrepreneurs

Straight From The Root

Sign up for our free daily newsletter.