E11

Loan Guarantees Demystified

Personal guarantees on SBL loans — what the program requires by law, what is negotiable, and how it compares to a conventional loan.

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What you’ll know after this video

Understand why the guarantee must stay unsecured, and how that (not a 25% cap, which stopped applying to loans made after March 31, 2014) is what actually protects a guarantor’s personal assets on the SBL program
Identify when spousal or co-shareholder guarantees apply
See the borrower protections that don’t exist on a conventional loan