reply
by a lender
1yr ago
from Eastern Illinois University
in 900 E Diehl Rd, Naperville, IL 60563, USA
I would be happy to have a conversation and go through financing options with you in detail. We are a Commercial Loan Brokerage shop with over 500 different funding partners. You can reach me here or directly at redacted
However, to be up front there are very few options where a personal guarantee is not required. Even many asset based and private lenders will still require a personal guarantee. Unless you have a transaction at an incredibly low loan-to-cost and that is more than adequately capitalized with solid business assets, it is likely most lenders are still going to require a personal guarantee. And even when. you have a deal that strong, many lenders will still require a performance guarantee or what is referred to as a "bad boy carve-out" where you are signing a guarantee if fraud is committed. Again, happy to discuss, but depending on what you are trying to do you could be looking for a needle in a haystack. And your costs for financing without a personal guarantee could be prohibitive to your deal.