Raising Private Money

[Dorian Jones]

Hello BP, I had someone interested lending me money, but I'm not sure how to go about it.

If someone wants to give me money do the bank or government need to see where it is coming from, is there any track record that is needed when raising money this way. Is there a limit on how much you can receive at once from one person before you report it? Or what is the right way to go about it? I appreciate any responses on the topic. Thank you all.