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Reply To: My minority shareholder owns 40% and is unreasonable. I have had to put in 140k of family money into our business to keep it surviving and I need to extend the bank loan to survive. What do I do?

Doesn’t sound like you have a shareholders agreement. Typically with new cash introduced into a business by a subset of shareholders (or new shareholders), there is a dilution event, this doesn’t seem to have happened to you.

My advice, talk to a lawyer and get a shareholders agreement in place and cover off the issue of additional funding in that.

Good luck.