"Y Combinator for people?"
andrewljohnson: I have a question. Are you making the loan to the corporation or to the individual?If you are making the loan to the corporation, then it'd a fine business. You are basically limiting your upside, as opposed to an equity investment, but you will be able to calculate your revenue stream more easily. If the loan is to the corporation, then the founders won't be liable for the money, and you're just another investment vehicle.If you are making these loans to the founders, then you're just another credit card company. I doubt there will be anyone good competing for your loans. The good people will get the equity, and only a dope would take a $100,000 loan at 20%, for anything. Maybe you can sucker some college kids like the credit card companies do.