Results 1 to 2 of 2
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10-12-2017, 05:45 PM #1
- 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
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10-12-2017, 06:29 PM #2
- Join Date
- May 2017
- Location
- Oregon
- Posts
- 60
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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