The best solution is to get a loan if they can give you the amount you want because if you start up with a third party investing in your business, that means he has a share in the business, and any day that he wishes to take back his share, you are capable of losing everything, even if you know nothing about business. I know you will understand this that I will explain. Take an instance of a rich man. They always collect loans so that they will create a passive income business, especially those that engage in real estate. Most of them are not that rich, as it seems like they only lived on loans and no one’s known until after they died. That is when you will know that everything they own belongs to a bank or any loan organisation that they most have loans with. 

So in economics, the approved collect loan to start a business is risky in the sense that if that business doesn’t work, you will end up selling all your valuable items in order to pay off all the loans that have been collected to start up the business.