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What is love money?

Updated: 9/23/2023
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Elosery

Lvl 1
11y ago

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Love money is a capital given by family and friends of an individual, usually an entrepreneur, to start a business. The money is lent based on a relationship of trust in the individual by the lenders. It usually occurs when an individual would not meet the criteria to be granted financing by a lending institution.

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11y ago
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