More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
In a very broad sense PGs are just another item to be negotiated, and if you want non-recourse you should expect that the lender will want something in return.
Within in the guarantee there is still a number of separate issues that can be negotiated. Rather than non-recourse you could seek limited-recourse where a number of partners are only responsible up to their ownership percentage. You could request non-recourse except for specific events of default which can limit personal liability in a number of ways.