Personal Guarantee Limitation Contract

Hi everyone -- We have met many searchers, employees conducting a management buyout and sponsors who are worried about giving a PG on their acquisition debt, particularly with the SBA. They are worried they may lose their home and savings due to unforeseeable circumstances beyond their control. This tension seems to have prevented a lot of qualified people from acquiring a company where otherwise they would be an excellent fit.

To help solve that, we have started entering into contracts for excellent operators where our holding company will accept a portion of the liability if the PG does get called. The goal is to eliminate someone's "risk of ruin" due to circumstances beyond the owner's zone of responsibility and control. We are doing this only on a case-by-base basis, and it will not be available to all acquirers in all situations, but we have now made these available to help folks accept the initial PG risk.

If this is something you would be interested in, please send me a DM and I would be happy to discuss. You can also email me at redacted

Best of luck to everyone and thank you to all who are focused on preserving and protecting the many great family businesses coming available right now. There are many employees and families counting on us to do our work well!