Hey SFers, I've been in discussion with a company for a bit, going through LOI negotiations, and one of the sticking points is the nature of the sellers note. Specifically, the seller wants a personal note to back the sellers note. This is difficult for me as I already have to put up a PG for the SBA loan, and the seller then has no skin in the game. I asked my lawyer and he said it's very common for sellers notes to be backed by a personal note.

Have you guys found this to be the case? What are some ways to negotiate around this?