Personal Guarantee

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March 23, 2024

by a searcher from Southern Methodist University in Dallas, TX, USA

Are there any debt options (similar leverage to SBA) for an acquisition that don't require a personal guarantee?

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Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
We see this question get asked quite often, and unfortunately there are not any options without a personal guarantee. In fact, there are not really any options outside of SBA lending that offer anywhere near the same leverage options that the SBA offers. Most conventional and non-bank lenders require a significantly lower overall loan to cost. If you have any additional questions on personal guarantees, you can reach me at redacted Good luck.
commentor profile
Reply by a searcher
from Southern Methodist University in Dallas, TX, USA
That is what I figured, but needed to ask the question. Understood given the high level of leverage. Thanks for your insight. Much appreciated.
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