Personal Guarantees

personal guarantee negotiation

Personal Guarantee Negotiation: What Business Owners Can Actually Do

Almost every form of business financing — merchant cash advances, SBA loans, equipment leases, lines of credit — comes with a personal guarantee attached. It’s often treated as a formality at signing. It stops feeling like a formality the moment the business falls behind and the lender starts looking past the business entity, straight at

Personal Guarantee Negotiation: What Business Owners Can Actually Do Read More »

sbra_personal_guarantees_image

Personal Guarantees and the Small Business Reorganization Act.

Written by Steven E. Cowen, Esq.Attorney, Debt Solution Law Group | State Bar of California #132988 | Full attorney bio → What Happens to a Personal Guarantor When You File All is not lost if you, a friend or relative signed personal guarantees on business equipment purchases, unsecured lines of credit or leases.  First, the

Personal Guarantees and the Small Business Reorganization Act. Read More »