Limited Guarantee on Pari Passu/Conventional Debt on top of SBA?

June 25, 2025
by a searcher in Nashville, TN, USA
I am looking at an opportunity requiring Pari passu debt ($2-3MM) on top of $5MM SBA. Does anyone know if it is possible to bring in a limited guarantor (outside of the equity stack) to guarantee ONLY the pari passu portion of our debt? Is that possible, or would they be required to guarantee the full amount?
from University of Missouri in Denver, CO, USA
from Indian Institute of Technology, Bombay in Jersey City, NJ, USA