Offered a loan; should I take it?

[Iraj Kasimi]

I've just been offered a loan for $150k which is great. Problem is the loan term is for 8 years at 13.99% interest, and I can't pay it back early for 24 months.

I know everyone talks about raising funds, etc.  Should I take this loan?  I've been running numbers like crazy on potential deals and can't get much or any cash flow at this rate because my payment will be about $2700 a month.  Any advice would be appreciated!