Any way to lend and be taxed at less than ordinary rates

[Kyle Pierce]

Hi BP, I have a question about private lending. I have a lender who wants to lend me 100k to use in our flipping business but was wondering if there was any way to structure the deal so the interest that he receives is not taxed as ordinary income. He would like the money we pay him to be taxed as dividends or something else more favorable than ordinary income. Would love to hear any tips. Thanks