I'm negotiating an LOI for an SBA deal and the seller has asked for a personal guarantee on the seller note. Am I permitted to personally guarantee a seller note in the SBA structure? Is that market? (For additional context -- I'm funding the deal with 20% cash, the seller note is not being used as part of my required equity contribution)
Thanks
SBA question - personally guaranteed seller note?
by a searcher from Washington University in St. Louis
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