[header] How to borrow money from a friend [title] Take it seriously. [step] Maybe you don't have to put on a suit or sit opposite someone behind a big desk like at the bank, but taking out a loan from a friend should not be treated as a trivial matter. Lending and borrowing money is a big deal and should be treated as such. 
[substeps] Make a presentation or pitch as to why you need the money. No, you probably don't need to fire up a powerpoint on the projector, but provide your friend with a clear idea of your intentions for the money.