Hi everyone. I've read that the SBA 7a loan requires a personal guarantee for all owners >25%. Does that mean if I raise some equity from outside parties (likely HNWs) they will have to provide a PG on the loan? Can I limit to the PG to myself only? Are there structural ways around this?

Particularly interested in a self funded search with a purchase price >$5M that will require some additional equity alongside my own equity contribution.