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  1. #1
    Senior Member Reputation points: 1018
    Join Date
    Oct 2012
    Posts
    142

    Question

    Is there a Direct Lender that would do a deal without and Personal Guarantee? The only possible collateral would be inventory.



    Thanks!

    Howie Dane
    Funding Sources for Business

    president@fundingsourcesforbusiness.com

  2. #2
    Howie,

    If he has accounts receivable then there is possibility of non recourse financing but just with inventory that aint gonna happen see if he has accounts receivable red flag question: why wouldnt he want to do a personal guarantee might be able to get him business line of credit sounds like he probably knows all of this and has put this deal into such a box that you cannot get it funded which brings up a character red flag issuw of the borrower

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