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Found an Angle Investor, What to do?

icollecticollect subscriber Posts: 12
edited March 2008 in Startup Funding
I was asking about loans on Digital Point.com being w/o a credit history and so on and my business idea.
I was contacted by a Angle Investor who owns his own business helping small internet companys get their start.
He stated he can either do a partnership or loan + interest.
When I asked more about the loan and interest he stated it is typicly around 10% with no credit history.
He stated for a loan I need the following...a
small business plan, meaning the idea worked out a bit and a small
spreadsheet with a predictive income/expensive overview over 1 year
His main business is componence.com
How can I make sure this goes smoothly if I decide to take the loan?
Thanks for your time.

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