Has anyone closed on a deal, or come close to closing, using an SBA loan where the searcher is signing a personal guarantee? If so, what sort of framework did you use to determine searcher terms with investors regarding equity and carried interest with specific regard to how those terms with a personal guarantee differ from a "traditional" search where a personal guarantee is usually not on the table? A framework for approaching this or examples and lessons learned would be much appreciated. Thanks!
Best,
Arleigh
A framework for searcher terms when using an SBA loan
by a searcher from University of Pennsylvania - The Wharton School
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