What Lenders Do Not Require PG?
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  1. #1

    What Lenders Do Not Require PG?

    Does Anyone Know What Lenders Do Not Require Personal Guarantee For Loans or MCA?

  2. #2
    Senior Member Reputation points: 338265
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    We have done validity guarantees instead of personal guarantees.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  3. #3
    Senior Member Reputation points: 43599 brokerCompany's Avatar
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    KEvin you are a factor not a lender correct or do you offer loans now?

    CAN CAP I believe does not have PG

  4. #4
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    Quote Originally Posted by brokerCompany View Post
    KEvin you are a factor not a lender correct or do you offer loans now?

    CAN CAP I believe does not have PG
    Broker Company,

    We offer factoring facilities and asset based lines of credit. The ABL facilities would be considered loans. We have always offered both products.
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  5. #5
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    Quote Originally Posted by Cold Caller View Post
    Does Anyone Know What Lenders Do Not Require Personal Guarantee For Loans or MCA?
    With our Credit Card Split / Lock box we do not have Personal Guarantee, NO UCC, NO COJ
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  6. #6
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    No PG or no COJ?
    Ignore the merchant's request for a minute and focus on the reason behind the request/objection. What's the real challenge here that needs to be fixed?

  7. #7
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    Quote Originally Posted by abfunders View Post
    No PG or no COJ?
    Ignore the merchant's request for a minute and focus on the reason behind the request/objection. What's the real challenge here that needs to be fixed?
    good point, I've had this happen in the past and the Merchant ended up being in an open bankruptcy
    East Shore Equities, LLC
    Tel: 516-231-5595 | Fax: 516-231-5590
    www.EastShoreEquities.com

  8. #8
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    We are a factoring company and do not require any Personal Guarantees or Validity Guarantees. Call or email me for more info.
    Robert Kort
    CMO
    The Hamilton Group (California Office)
    Westlake Village, CA
    805-370-9200
    Robert@HamiltonGroup.net

    The Most Flexible Factoring Program in the Industry"
    Funding from $10,000 to Ten Million Dollars per client, per month

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