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Do You Need to Provide a Personal Guarantee for SBA Loans?
Do You Need to Provide a Personal Guarantee for SBA Loans?
In this episode, we tackle a burning question: Do you need to provide a personal guarantee for SBA loans? Join us as we break down the essentials of SBA 7A and SBA 504 loans, discussing who needs to sign a personal guarantee and why. Whether you're a seasoned entrepreneur or just starting your journey into business ownership, understanding the ins and outs of financing is crucial.
Are you an entrepreneur or business owner looking to buy or expand a business? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble
Timestamps:
(00:00) Explanation of personal guarantees for SBA loans
(01:05) Ownership threshold for personal guarantees
(01:35) Clarification on personal guarantees for investors
(02:07) Benefits of SBA loans and personal guarantees
💥 Thanks for watching 💥
#BusinessOwnership #SBAloans #SmallBusinessFinancing #Entrepreneurship #PersonalGuarantee #BusinessLoans #FinancialEducation #SBA504 #SBA7A #successinbusiness
About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
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