Who can lend a large amount. Where to borrow money urgently, even if there are outstanding loans? Advantages and Disadvantages of Private Lending

Hello! I was often asked this question, so I am writing here all possible options, where to borrow money, earn money, etc., if you urgently need money right now. Someone uses these methods to take money for free or for free, but I do not recommend it, because any debt needs to be returned. And if you make money, then this is also not a freebie, because you donate your time. So, here are the ways I found, there were 15 of them.

Microloan

This is a good way to quickly get a small amount of money.

Features of a private loan

An honest investor is needed. Now there are a lot of scammers. They require insurance or prepayment and disappear with your money. To prevent this from happening, you need to carefully study the reviews from other people about this investor.

Receipt. To obtain a loan, it is required. It needs to be studied very carefully. Even a seemingly insignificant defect can lead to bad consequences.

The collateral is determined by agreement of the parties. Here you need to be very careful, since mainly an apartment, a car, a land plot are pledged. If you cannot pay off the debt, then most likely you will lose the collateral.
.
Earning money on your own Internet project. This is a laborious process that, over time, can bring good money to its owner.

Earnings in social networks. The essence of making money consists in completing simple tasks (like, comment, etc.) on special exchanges.

Answer questions for money.

Earnings on affiliate programs (referrals). Quite a promising passive way of earning money. It's nice to combine it with your other main job. You are doing your main job. And the income from referrals is constantly growing. For earnings to be several times higher, you need to have a personal Internet project.

... You click on ads and make money. Earnings are penny, but a freebie.

Conclusion

To be honest, I am always against any bank loans, loans, etc. But there are times when money is urgently needed, God forbid, what happened to health, etc. Then any means are fine.

Try to make money on your own better, use part-time jobs and then you will always have money for a rainy day.

So, you have a situation when, due to certain life circumstances, you need to borrow money, and you need to do it urgently. Let's see what options do you have? And first, we recommend that you go over the article ""
Where can you borrow money?
The first thing that comes to mind is to borrow from friends, relatives or work colleagues. In general, those with whom you at least somehow communicate or have family ties. If we are talking about a very small amount, then there should be no problems, unless, of course, you have a good relationship with the person you turned to, and you always returned to him exactly as much as he lent you. If you are going to borrow money, then act decently and return it without fail. It does not work out on time - discuss it in advance with the lender, he will understand you and give you a short reprieve. After all, the people say: "If you want to lose a friend, give him a loan"; "If you help out the other, you will learn yourself." You really have to be careful here.
What if you are going to take a larger amount? This is a completely different responsibility, and you must be prepared that you will be asked to take your passport with you and will be issued or a receipt in receipt of borrowed funds. Correctly drawn up will be the basis for the creditor to go to court if the debtor does not return the debt to him within the agreed period.
It is more realistic to get money from a passport, but if colleagues or relatives do not have the opportunity to lend you, where can I get it?
Where can I borrow money from a passport?
Private lenders
One of the solutions is to reach out to people who are professionally involved in lending. The main thing is that you do not run into professional fraudsters, then even the crumbs that you have will "milk out" and instead of a loan you will get one disappointment. There are a lot of announcements with an offer to lend urgently on the day of circulation, both on lamp posts and on message boards on the Internet.
You can call and make an appointment, read the terms and conditions and draw up a loan agreement without fail. Receipt of funds and the fact of their repayment must be accompanied by receipts without fail. If the lender refuses to meet, offering you to transfer money to the card, or offers an advance payment (for example, for checking your solvency), then immediately hang up - these are scammers. There are quite a few of them now divorced. Therefore, it is better to turn to legal licensed organizations, including services of mutual or equal (social) lending (they are also called p2p lending, from the English "peer - to - peer", ie "equal to equal"), about which we will talk a little further.
Actually, there is plenty to choose from: pawnshops and microfinance organizations, and banks, of course.
Banks
Obviously, it is useless to apply to banks with one passport, because the likelihood of obtaining loans without additional documents is very low. There they will check you, as they say, in full, requesting certificates from the place of work and other documents to determine your solvency and reliability. Checking your credit history will be mandatory. Sometimes the CI check is replaced by a scoring, but the scoring algorithms will in any case "go through" your CI (if you have one). But you should never refuse and refuse to contact the bank. For example, getting a credit card is so beneficial for a person who needs constant loans up to paycheck that it is difficult to overestimate its value (read about and you will understand everything yourself).
Pawnshops
Without collateral
Without guarantors
Receiving money in 5 minutes

additional information
The documents
by passport
Credit history
Positive and tainted
Application consideration time
within 4 minutes for the first time, less than 1 minute for repeated borrowing
Security
Early repayment
in the first 14 days without prior notice for sure, the terms of notice after 14 days are not specified
How to get the?
No commission: to a bank account, With a commission (transaction fee 5%, but not less than 99 rubles): to a bank card, to a QIWI wallet, via Contact (under development)
How to repay?
No commission from a bank card, from an electronic QIWI wallet, by bank transfer
Online application, quick decision on a loan, possibility of extension, early repayment, solid loyalty program, promotions,
High interest rates (inherent in any microcredit), fines, significant transaction fees for transferring funds, paid renewal
More details
Online loan from Money Men
Urgent online loan without visiting the office and presenting a passport. Loans with more loyal conditions are available for regular customers with the minimum possible rate of 0.8% (!). The first loan is up to 10 thousand rubles. for up to 15 days for new clients IS FREE! LOAN OVERVIEW
Without collateral
Without guarantors
Solution in 1 minute

additional information
from 18 to 70 years old
The documents
by passport
Credit history
Positive and tainted
Application consideration time
within 1 minute (in some cases longer)
Security
no collateral, no guarantors, no insurance, no certificates
Early repayment
How to get the?
To any bank card, bank account, in cash via Contact, Unistream and Golden Crown
How to repay?
From a bank card, bank transfer, from an MTS account, from electronic wallets QIWI and Eleksnet, through the Contact transfer system, from terminals QIWI, Eleksnet
Online application registration, almost instant solution, the possibility of renewal and refinancing, early repayment without notice, bonus system, permanent promotions, the first loan is free
High interest rates (inherent in any microloans)
More details
Loan from Platiza.ru
One of the best MFIs in the segment of short-term payday loans. Low interest rates are combined with a high level of customer loyalty. Credit history correction program (rehabilitation mode) is at your service! LOAN OVERVIEW
Without collateral and guarantors
No commissions
Solution in 3 minutes

additional information
from 18 to 70 years old
The documents
by passport
Credit history
Positive and tainted
Application consideration time
within 3 minutes, again in 1 minute (according to the rules up to 20 working days)
Security
no collateral, no guarantors, no insurance, no certificates
Early repayment
Possible at any time without prior notice
How to get the?
No commissions: To a bank card (check the restrictions in the overview), through the Contact payment system, to Yandex.Money and Qiwi e-wallets
How to repay?
No commission: from a bank card
With commission: by bank transfer (bank commission), through the QIWI terminal (specify% in each specific case), through Yandex.Money or Qiwi e-wallets
Online application registration, almost instant solution, the possibility of renewal and refinancing, early repayment without notice, the possibility of deferral (on an individual basis), no commissions for issuance, permanent promotions, low interest rate (a new client can immediately receive 1% after the video -identification)
More details
Term loan from Kredito24.ru (Loan)
Short-term online loans from the well-known company Kredito24 (formerly Loan), available around the clock. LOAN OVERVIEW
Without collateral
Without guarantors
Receiving money in 15 minutes

additional information
The documents
by passport
Credit history
Positive and tainted
Application consideration time
in a few minutes
Security
no collateral, no guarantors, no insurance, no certificates
Early repayment
Possible at any time without prior notice through the "Early payment" option in your personal account
How to get the?
To a bank card (personalized) and a bank account
How to repay?
From a bank card, bank transfer, through the RBK Money payment system
Online application registration, almost instant solution, the possibility of renewal, early repayment without notice, bonus system, promotions and discounts (for subscribers of the company's page in well-known social networks)
High interest rates (inherent in any microcredit), late fines
More details
Loan to payday from MigCredit (one-time)
Short-term loan (payday) from one of the best microfinance organizations. Submit an application, and after approval, draw up a loan agreement at the company's office or when meeting with a financial consultant at a convenient time for you. It is possible to arrange and receive a loan completely online on a card or in another way!
Show more
An unambiguous answer to the question "Where can I borrow money from a passport with a bad credit history?" you don't get, everything is individual enough, but let me give you some advice.
Each MFI has its own approach to the client, and a lot depends on the correct choice of a microfinance organization (read). During the first contact, you will immediately understand what kind of service is in the company, how loyal it is to the client. We recommend that you contact those firms that offer to arrange for the applicant as a "good gesture" (and some companies allow this to be done from time to time). Before starting the design, pay attention to, see in the article at the link provided, what you need to pay attention to first of all.
You can find answers to repayment questions in. Try to extinguish in a timely manner, and not to conceal any impending delays, but to notify the creditor and resolve these issues together. Why do you need a problem?
You can also contact mutual lending services (for example, Vdolg.ru). They also have MFI status. Here people interact without intermediaries, i.e. you can choose your own lender, and the lender can choose your borrower. The better your credit history, the less interest you can negotiate for a loan. The service itself offers many tools: assistance in the mutual search of lenders and borrowers, scoring, organization of microloan issuance, collection assistance in case of delays. These are full-cycle services with more flexible conditions than in classic MFOs. As a rule, money there is lent to a card or to a bank account.
Is it possible to get money for a house with a passport?
It turns out that this is possible, but he is a pioneer and leader in obtaining borrowed funds for a home. There are many more organizations that provide such services, a list of them.
In this case, an employee of the company (personal manager) acts as a courier and at a time agreed in advance with you (do not forget to apply online) will visit your home. Usually, not cash is transferred, but a card, to which money will be credited after the final approval. Repeated loans can already be taken without calling the manager, but by calling the company. By the way, visiting the borrower at home allows you to visually assess his solvency, and affects the final decision of the company to issue a microcredit. Home money is a very common microcredit service that has been appreciated by many Russians (and it is in no less demand abroad).
As you can see, there are many options for obtaining money on loan using a passport, and you can be given money on the day of circulation, and in some cases you can get it urgently (without visiting the office of the creditor company). And if you do not have the opportunity to take advantage of such options, then contact those MFIs that will deliver money to you at home. The choice is yours!

Content

In case of financial difficulties, special organizations, creditors offer to borrow money from a private person at interest (some take an advance payment) with a receipt, an agreement. This type of loan allows you to get money if banking services are widely denied. Investors are ready to issue a loan on certain conditions, secured by real estate and annual interest without providing documents, except for a passport of a citizen of the Russian Federation.

Who is a private lender
A cash loan from an individual individual or company is the transfer of money in cash or by electronic transfer for temporary use to another individual, company or individual entrepreneur. A private lender uses personal funds to provide financial services. Purposes of providing a loan with a loan agreement: small and medium-sized businesses, personal expenses, an urgent loan to pay off debts. You can borrow money from individuals on the security of property.

How to borrow from a private person
Funds for lending to individuals and legal entities can be obtained with the help of special microfinance organizations, from investors. You need to choose a suitable MFO, leave an online application on the website or arrange a loan in person at the secretary's office. After that, in a few minutes, the application will be considered by the investor, after which the borrower, first orally, and then in writing, will voice personal lending options. It is possible to borrow money from a private person even if you have a bad CI (credit history).

Features of lending
Such a service as private lending has a number of advantages and disadvantages. Among the advantages of using such financial assistance:
short terms for issuing large amounts;
it is possible to partially regulate the monthly payment of the minimum amount upward without fines;
helps to pay off third-party loans;
the business owner is provided with more flexible terms for the return of funds, installments;
timely return guarantees improvement of CI;
you can return the money by early repayment without penalties, changing the terms of crediting unilaterally;
helps to avoid issuing credit cards from a bank with less favorable lending terms;
the minimum amount for urgent issue with any credit history is 1000 rubles.

The disadvantages of receiving funds from a private lender are high accrued interest, the amount of which is regulated solely by the wishes of the lender himself, the terms of the agreement, which sometimes contain clauses that are extremely unfavorable for the borrower. Investors do not have loyalty systems, for example, the borrower cannot refinance a loan, arrange for a deferred payment.

Loan from a private person against receipt
Officially registered microfinance organizations lend money with the obligatory execution of an agreement or an IOU, certified by a notary. Lenders issue funds against a receipt, which indicates the exact terms of repayment, the amount, and the amount of interest charged. It is better to take a loan with a detailed form of the agreement, with all the credit conditions indicated on the paper, data of the private investor.

Lending terms
The loan conditions prescribed in the agreement or receipt often contain clauses that are unfavorable for the borrower (for example, short repayment terms or high interest rates), but this is compensated for by the speed of the loan processing. An individual who takes money from a non-governmental organization should carefully study the loan agreement, the correctness of the notarized receipt, the investor's documents.

At what percentage do individuals give money
The amount of interest on the loan is set only by the investor himself. The following dependence of the interest rate is traced - the smaller the loan amount, the higher the interest on the loan from a private person. When signing an agreement, drawing up a receipt, you need to pay attention not only to the amount of interest on the loan, but also to the time interval for which they are charged (a month or a week). Sometimes the total amount of interest exceeds the amount of the principal loan.
The amount of interest accrued on the loan amount also depends on its type, availability and cost of collateral. If the mortgage is an apartment, other real estate, jewelry, a car, the interest rate will be significantly lower. The higher the market value of the collateral, the less the total debt will be, but not less than the initially taken amount + 5% (to pay commissions).

Take money at interest from a private person - step by step instructions
A loan from a private investor takes place in several stages. The procedure for considering applications, drawing up an agreement or a receipt is, as a rule, identical for all investors (with the exception of organizations working through Internet offices). In order to borrow money at interest, you must:
Choose the right investor. You should carefully choose where to get money at interest, study all the nuances of the contract. Lawyers, notaries are strongly advised against applying for a loan via the Internet, without a personal meeting.
Study of the terms of the loan. Anyone who wants to borrow money from a private person indicates the desired amount and the approximate term of the loan in the forms for processing transactions and considering the application. The investor responds with his own conditions (annual rate) or puts forward an alternative amount and term.
Drawing up a loan agreement, issuing an IOU. Almost all creditors have a standard agreement, except for the clauses on the amount of money and the terms of repayment.
Issuance of funds. Loans are issued in cash or using electronic money to a card or account.
Gradual loan repayment. Loans can be repaid in cash or by electronic transfer.

Investor's choice
Before choosing a company that deals with loans without the participation of a bank, you should carefully study all the loan conditions, since they may differ from different investors, find real reviews from people about a private lender on thematic forums or sites. It is best if a private investor is advised by someone from friends, colleagues or relatives who have already used the services of this company. You can borrow money from a private person via the Internet without providing personal data, except for a passport.

Execution and signing of the contract
The IOU or agreement is drawn up jointly by the lender and the borrower. If a written commitment is certified by a lawyer, then a notarial receipt is attached to the agreement that it was drawn up in accordance with the rules and is legally binding. The agreement is printed out in three copies: one - to the lender, the second - to the borrower, the third - to the notary. Registration of loan transactions must be registered in the accounting department of the organization.

Notarization of a receipt
When drawing up a receipt for a loan of money, the following data are indicated:
full registration address, actual place of residence of both parties;
the amount of debt in words with the obligatory emphasis on the type of currency in which the loan is issued;
the exact date of the refund;
the size of the interest rate, penalty in case of delay;
attach photocopies of documents to valuable property issued on bail (if any).

The receipt should be signed with the full surname, name and patronymic, exactly as indicated in the document proving the identity of the citizen. It is handed over to the investor at a personal meeting. It is recommended to transfer the receipt in the presence of third parties, indicating their data and signatures. It is advisable to register a loan against a receipt with a notary or a lawyer. You can borrow money from a private person without a receipt or a contract. However, the debt repayment in this case can be significantly delayed.

Getting a loan
You can pick up the borrowed funds directly in the office of the organization in cash or provide the details of a bank card, savings account for crediting a loan. Some credit brokers, when borrowing a large amount of cash from them (from 100 thousand rubles), issue money with the help of intermediaries (private banks). The usurer must provide the relevant documents confirming his cooperation with the bank, attach a copy of them and a receipt for the issuance of funds to the contract. After that it is necessary to present the agreement and the check to the bank office, to receive the money.
How to choose a private lender
On the lending market, Internet sites, forums, announcements, there are many offers for microloans from individuals. You can lend funds to paycheck without a guarantor, certificates, in electronic money systems. In order to choose honest creditors among all proposals, it is necessary to track the following criteria for a potential creditor:
no mandatory prepayment (only a fraudulent organization takes prepayment);
real investors are interested in the age of the borrower, their own income, registration according to the passport of the Russian Federation;
scammers send spam to e-mail, mobile phones of potential borrowers;
honest creditors have their own in-house counseling lawyer.

On thematic forums
On the popular Internet forums dedicated to lending, as a rule, users who are ready to give out money to people to whom banks do not provide official loans post their ads. On thematic forums there are separate topics dedicated to announcements of private lending under a notarized receipt, for example:
Sample announcement: “Good afternoon! I will give out money against a receipt in my office. I provide services and advice of a notary free of charge. If the borrower wishes, I draw up an agreement with an independent lawyer at his expense. I give loans to people over 21 years old. "
Sample announcement: “On receipt, I will transfer money in debt to a bank card or account. at 33% per annum, up to 50,000 rubles, for a period of up to 3 years. "

Internet bulletin board
A private loan is often advertised by people who have at their own disposal a certain amount that they want to increase at the expense of interest on the debt. You can borrow money from individuals directly by phone. Example ads:
“I will lend money against a receipt certified by a notary. Up to 20,000 rubles for a period of six months, persons over 18 years of age who have Russian citizenship and residence permit in Moscow. "
“Loans to a bank card. At 25% per annum, for adults with a Moscow residence permit. On receipt. "

Online private loan
A loan from a private investor can be obtained using special Internet services. It is necessary to enter passport data, the amount of debt and the term for a refund, put an electronic signature under the contract and receive money into the account. The whole process of obtaining such a loan takes about 10-15 minutes. Online private loan can be obtained on the following services:
Green-money;
Zimer;
Konga.

Who lends money at interest
You can borrow money from individuals who are officially registered and are ready to provide loans in cash or by bank transfer with quick loan processing. There are several types of lenders:
associations of individual investors;
electronic payment systems;
brokerage companies;
individuals, individual entrepreneurs.

Private Investor Associations
Organizations and associations of private usurers have legal registration with local governments, established procedures for issuing money, repaying debt. Examples of Lender Associations:
The Association of Private Investors "Chance" is an all-Russian organization, registered in 2005. Legal address: Moscow, Michurinsky prospect, building 5.
Public organization "Victoria", registered in 2003. Legal address: Moscow, Lenin street, building 34, office 67.

Electronic payment systems
Some payment gateways automatically grant credit when you enter your passport details. Today it is quite reliable, but it is also necessary to evaluate the terms of lending. For example, you can borrow money from:
Webmoney;
Yandex. Money.

Brokerage companies
You can borrow money from individuals with the help of brokerage companies. These are organizations that play the role of intermediaries in the domestic and foreign foreign exchange markets, provide interaction between traders and, directly, the foreign exchange market. Brokerage companies perform an important function of making a profit from foreign exchange trading. In addition, they provide loans. Examples of brokers in Moscow:
Brokerage House Opening;
Anton Broker;
Invest-Telecom.

Borrowed money from individuals by ad
On many real or virtual message boards (for example, Avito) offers for a private loan are posted. Such moneylenders often take an advance payment to a bank account. Examples of ads:
"Good day! My name is Alexey, I am the owner of my own company, I offer private lending with low annual interest. Loan amount from 5,000 to 100,000 rubles. "
“A loan for individual entrepreneurs from 50,000 rubles. The guarantee of return is prepayment. "
“If you are being pursued by bank loan refusals, contact us for money! We issue cash on the same day! Up to 100,000 rubles. "

How to avoid becoming a victim of a scammer
If you need to borrow money from individuals, you should carefully choose a usurer and study their principles for issuing a loan. Often a fraudulent scheme is hidden in lucrative offers of receiving cash, for example, if a moneylender offers to reduce the amount of the annual rate for making an advance payment, on the condition that the larger the amount of the advance payment, the lower the rate. The second most common scheme - after the successful registration of the first loan, subsequent ones are issued by default.

How to check a potential investor
There are several ways to make sure that a moneylender or investor is honest:
find real customer reviews not only on the lender's website, but also on third-party sites;
check the presence of the name of the investor or the name of the microfinance organization in the black lists of unscrupulous usurers in the city, region or at the federal level;
make an appeal or request to the Ministry of Internal Affairs of the city for the presence of MFOs in the register of fraudsters.

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Bad credit history, low salary, unstable income. Are you running off your feet in search of a loan and do not know where to get money if all banks and microloans refuse? Then you've come to the right place. We will tell you where to urgently get money when the case is so hopeless that even MFIs refuse.

Option 1. Loan from a private investor

Loans from private lenders have not yet been canceled. This is a pretty good option for getting the required amount of money. However, this option has both positive and negative sides. First, finding an honest private investor is not easy. In most cases, these are scammers who require prepayment or go to other tricks to get hold of the borrower's money. We have a credit bulletin board on our site where borrowers and lenders submit their applications. You can view the already published offers or create your own application for a private loan.

Secondly, you need to carefully draw up and read documents, write a receipt. Any non-compliance or the slightest flaws in the contract can lead to irreparable consequences.

Thirdly, such loans are issued, as a rule, against collateral. Any movable and immovable property of the borrower, as agreed with the lender, can act as collateral. Of course, the latter give preference to land plots, apartments, rooms, summer cottages, etc. But there is a great chance of losing everything if you inattentively read the contract or are unable to pay off the debt.

Of course, getting a loan from a private investor is not easy. Some require proof of income and check the client no worse than at the bank. However, it is this type of loan that is most often resorted to.

Usually all private traders require your credit rating or credit history from you and charge money for it. You can get this service absolutely free of charge below:

Get your credit history online

Option 2. Ask for a loan on the Internet

In the open spaces of Runet, there are a lot of p2p lending services, when borrowers and lenders find each other on specialized sites that perform the functions of intermediaries and arbitration, and sometimes they themselves lend. Among the most popular are Credbury, Fingooroo and Vdolg.ru. The principle of operation is almost identical, but the functionality and capabilities of the sites are different. For example, after registering with Fingoro, the client is immediately assigned a rating based on the information provided. If you want to get a loan, the borrower first receives a micro-loan from the service itself and only in case of full repayment gets access to the list of private lenders. This is a kind of test for "lice". In Credbury, you need to earn a rating by posting more information about yourself, down to the names of friends and links to social networks.

As a rule, real lenders are registered on such services, who are ready to help and issue a loan, but everyone needs certain guarantees. In this case, the service acts as a guarantor. So one of the options to borrow money, if banks and microloans refused, is private lending. Better yet, the private lender is your friend.

Option 3. Mini-loan in an online MFI with the ability to correct credit history

Today, some microfinance organizations provide special loan conditions for problem clients. These programs are called "Credit History Correction".
You can correct your story using the Zimer service or choose another option.

As a rule, their type is similar and consists of several steps. For the first time, a borrower with a bad credit history is given a loan in the amount of not more than 1,000 rubles for a certain period, which must not be violated. The second time they issue a loan of up to 2,000 rubles for a shorter period, but the third time you can get up to 3,000 rubles. If you go through all three steps without violating the terms of the microloan, you will be able to get a loan on general terms, and information about the repaid microloans will go to the BCH, which will help improve your credit history. The more often you use loans, the more positive records will be in your CI.
Accordingly, the faster it will improve. In this case, you can try to get a loan from a bank or take a microloan from an MFO. Remember that the maximum loan amount in online services is no more than 15-20,000 rubles.

It may seem that borrowing money from a friend is easier, safer, and more convenient than borrowing money from a bank or other organizations. However, this can lead to irreparable consequences if you do it in a hurry, without thinking through everything to the smallest detail. Before asking a friend, consider if you have any other options and take the matter with all the seriousness it deserves to keep both your finances and your friendship in order.

Steps

Make a deal

Take everything seriously. You may not have to sit opposite each other in suits, as in a bank, but you need to take it just as seriously. Financial matters are very important and should be handled accordingly.

Insist on favorable terms for the friend. The friend will probably decide not to take interest from you and not draw up a contract (or will feel that he cannot do this), and although this will be a plus for you, for the sake of maintaining the friendship, it is important to let him know that you want to take money on a fair basis for both parties. conditions.

Write down all the conditions. Even in the modern world, nothing is more proof of the intentions of two parties than a signed piece of paper. Draw up a document that outlines all the conditions and consequences.

If you are borrowing money for a business, describe your goals. If you need money for a new or existing business, stipulate this condition.
Will a friend's money be a loan or an investment? Does the loan mean that the friend will have the right to participate in the business, in the profits, losses and risks?

If you do not want your friend to be involved in your business, be direct about it, otherwise you may inadvertently drag him into an unsuccessful venture.

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