As you think about starting a business, and then begin to figure out how to fund it, be aware that there are some new innovative ways to fund your business.
As per Tom Clougherty in the Adam Smith Institute Blog check out KIVA.org
If you are interested in formalizing a friend or family loan, check out Circle Lending. They help you put together a small business loan with money from your friends and family, with payment terms, interest rates and payment coupons. It is a better way of getting money from people you know.
-Sabrina Parsons, aka Mommy CEO