Reaching out to you for your expert opinion on the below situation: I am a 10% stakeholder on a business I helped a couple of friends with a few years back. The business is doing very well. Recently my friends mentioned that they are looking to obtain a small business loan, which will be used to make an acquisition which will drive revenue up. I have cash in the bank and am interested in loaning a portion of the money out. The loan term will be 3 years and the estimated interest is between 5-6%. Is that reasonable? I am also thinking of opening an investment company, which will be owned a 100% by me and my spouse. We both have full-time jobs and both our earnings will roll into that company going forward. What do we request as collateral? Ideas? What are best practices in a situation like this? Thanks in advance.

Small Business Loan
Answers
What type of corporation is the business?
Regardless, the other owners need to issue a PG.