Quote Originally Posted by michaelh View Post
What does everyone think about all these new lenders demanding Personal Guarantees and SSN of owners?

I have gotten 3 ISO packages from these lenders.

I do not do business with banks that want a personal guarantee from the Broker/ISO.

Mike
Michael.... SSN # makes sense -- In fact when I owned part of Manhattan's largest independent Bottles water cooler group - Getting approved with a leasing company was a 3 month process (we leased the coolers for $70-$99 per month for 60Months / (leasing company gave us 42 months upfront)

Now regarding SSN & Personal guarantees its NOT a capybara Capital request.