HOW ARE SEARCHERS IN ONTARIO HANDLING "PERSONAL GUARANTEES" FOR SENIOR DEBT FINANCING?
Hello! I am early in my journey right now and looking to connect with someone who has completed a deal through the search fund model who is based in Ontario, Canada. One of the main questions I have is landing debt financing in Ontario. I understand the equity side a little bit better, but would love to learn from someone who has gone through the process. Specifically, I am curious about how people are handling the "personal guarantees" when it comes to senior debt financing in Canada. Does BDC offer senior debt? Any of the major Canadian banks? I am motivated to launch a Search Fund once I have a clearer picture of the debt side of the process..