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SBA Loans: What They Are and How to Qualify

Most all small business owners consider a variety of funding and credit options at one time or another. If you run a small business, you may have already heard about or considered Small Business Administration loans, also known as SBA... (More)

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personal guarantee
ami kassar
CEO Multifunding LLC and author of The Growth Dilemma
Personal Guarantees -If you already have a personal guarantee on a bank line of credit, you are still able to get an SBA loan that also requires a personal guarantee -You can apply for different SBA loans for different companies... (More)
What collateral do you need to get an SBA loan and does the loan require a personal guarantee?
ami kassar
CEO Multifunding LLC and author of The Growth Dilemma
  1. If a spouse has an onwership interest in the business, they will have to personally guarantee.
  2. We are learning about required documentation to prove harm for COVID 19 and will get back to the community. If anyone has more speciic... (More)