The loan does impact the valuation of the entity; however, it does not stop the conversation with a potential investor. If the Company can cash flow the money to pay the debt and continue to build enterprise value at the same time, an investor will remain interested.

I have seen entities attempt to raise money just to pay off past debts and this is not attractive to an investor. Make sure you are building a company with value.

Feel free to schedule a call if you would like to discuss further.