Experience with minority partners providing personal guarantee support?

by a searcher from New York University - Leonard N. Stern School of Business

3 years ago

Has anyone here worked with a minority equity partner who assumed the personal guarantee for an SBA loan or similar financing?  Possibly even a back-to-back agreement where they support your personal guarantee to a third-party lender?  If so it would be great to learn more about the structure you employed.

1 like
135 views
11 comments

investor from Boston University

I’ve been a minority partner in a few ventures but haven’t had to give personal guarantees. This is an interesting topic, especially for more asset-heavy businesses that require more upfront investment. Please let me know what type of view you formulate here

3 years ago | like reply | 0 likes

searcher from University of Virginia-Darden - Darden School of Business

Thanks for the insights Sterling

3 years ago | like reply | 1 like

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

Examples of self-funded searcher websites

Investor seeking Self-Funded Search Deals

What are market terms for Seller Notes?

2 Best Ways To Find Motivated Sellers, Off-Market Deals

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.