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Ask HN: Would you borrow money to grow your bootstrapped subscription business?

2 points by podingx ↗ HN
I've gotten an offer for an advance on my recurring revenues ($3k MRR) and would need to repay the loan by giving up 5-10% of my monthly sales until it's paid off.

I could use the cash to pay for some design help, but not sure if I should just wait until my business generates enough money to hire a designer.

Anyone have experience with this?

6 comments

[ 4.1 ms ] story [ 18.3 ms ] thread
sharemywin
Is your revenue growing?
podingx
Slow and steady growth through organic search + WOM. Haven't tried ads yet. Growing at $100-150 additional per month.
freestockoption
If you are up for it, learn a little about designing. Read some design docs and stylesheets. Google, Apple, Microsoft all have good ones.

By learning, you may be able to go a little longer without a designer. And when you need a designer, you'll be able to participate more.