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Funding: We've been open 6 months and need more financing. What are my best options?Should I look for more loans or an investor?
PH
PH
Paul Henderson, Founder. Investor. Funds and Companies. answered:

It depends. What's the current state of the busineses finances? More loans from where? Secured or unsecured? If secured, by what or whom? What is the company legal structure/format? In simple terms, loans will allow the business to increase the value of its equity without having to reduce your % ownership of the business by selling equity. I would need to know a lot more about your business to give a meaningful answer.

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