Anyone have more info on the personal guarantee needed for 7a SBA loan?

by a searcher from University of Oxford

3 years ago

The personal guarantee seems quite risky on the SBA loan, would appreciate hearing of anyone's feedback on this process.

0 likes
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5 comments

searcher from University of South Carolina

Agree with Thomas, a major lender indicated that they needed a minimum $1.5 M in EBITDA to move from SBA financing to commercial.

3 years ago | like reply | 0 likes

searcher from University of Southern California

What are the requirements for PG insurance as far as someone with experience knows?

3 years ago | like reply | 0 likes

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