Loans available WITHOUT a Personal Guarantee?

by a searcher from Columbia University - Columbia Business School

1 year ago

One of our advisors said it was possible to find loans from banks without needing a PG (I.e. not a SBA loan)

Has anyone successfully secured one of these loans? If so, what type of bank provides them and what were the particulars of your deal that allowed you to secure it?

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6 comments

investor from University of California, Berkeley - Haas School of Business

I have, As long as you can work with < 60% LTV and the target has > $2M EBITDA (consistently over multiple years) you can definitely get a non-PG loan.

1 year ago | like reply | 0 likes

searcher from University of Minnesota - Twin Cities Campus

Hey Rachel! I was just speaking with a lender who requires no personal guarantee. I haven't worked with them personally, but their program seems really solid. If you're looking for a loan of at least $5M (their current minimum), I'm happy to make an introduction and you can see if they'd be a good fit for you! Feel free to message me here or email me at --@----.com

1 year ago | like reply | 0 likes

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