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re: So a C corporation is taxed twice on profit?

Posted on 11/11/14 at 7:54 am to
Posted by MadDoggyStyle
Member since Feb 2012
3857 posts
Posted on 11/11/14 at 7:54 am to
Curious if your investor is a family member, (I.e. Father)? From experience, banks don't lend that kind of money unless you have collateral. Maybe Dad co-signed? Private equity firms tend to find businesses to invest in or buy with solid EBITDA.
Posted by deltaland
Member since Mar 2011
91079 posts
Posted on 11/11/14 at 9:12 am to
No not a family member. It's not a bank loan it's an investment from an out of state angel investor group
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