Exactly! This is what I have seen on deals - some banks might scrutinize the equity of the minority partner especially when it looks so obvious to avoid guarantees!

^redacted‌ you have some great responses from above. I will add though that while the SBA requirements may draw a line at 20%, individual lenders may have their own internal policies for risk abatement that may get exercised depending on factors mentioned above. Check with your lender to see how they view your situation and deal structure. If their requirements don't work with your agreements with your partners I would be more likely to seek a different lender than renegotiating partnership agreements and jeopardizing my deal. Just me .02