Question
What does it mean when it says an SBA loan requires a personal guaranty? What is a personal guaranty?
9 months ago - 1 answers
Best Answer
Chosen by Asker
If I am correct, they want you to put up something valuable like your house as security for the SBA loan. This way they get something of value in case your business fails.
by andy
9 months ago
Asker's Rating: 