Needing general help and advice on someone investing in my business.

Short and sweet. I am going to ask for a private loan that is from an associate. I'm asking for $15,000. I'm considering letting them own a third of the business. Or doing some sort of return on investment. Like 4%-6% annually. I'm not sure. Thoughts? What is the easiest way of doing this. I'm writing my proposal this week.

Any help is nice!

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