Should i invest my money in to my brother in-laws business? He needs cash to pay vendors and taxes. He needs a minimum of 300k. He has been struggling to do bad business partners. His business makes money. It is just a hard one to get financing for. No it’s not illegal.
If his business makes money he shouldn’t need cash to pay vendors right? You usually have a revenue and a net profit. He should be able to take that net and pay bills…. If he can’t get financing then he is probably not running the business correctly. Sounds like he’s either in over his head or is lying to you. It’s pretty vague but getting behind on bills, a minimum of 300k sounds like he’s headed for bankruptcy. I’d stay out of it