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My company did this. I fronted most of the money as a loan to the company (in total I want to say it was <$10k) and the company paid the loan back interest free
by gjmulhol 12y ago
My company did this. I fronted most of the money as a loan to the company (in total I want to say it was <$10k) and the company paid the loan back interest free when we had the money in the bank. I was okay with it, and my 2 cofounders put in what they could (also as a loan). Haven't looked back. Never caused an issue.