Your LLC Won't Protect You: Why Lenders Demand a Personal Guarantee (And How to Remove it) Your LLC Won’t Protect You: Why Lenders Demand a PG (and How to Remove It) https://fsbonly.com/ Episode Summary: If you formed an LLC thinking it would protect your personal assets from business debt, here’s the truth: lenders can bypass that protection by requiring a personal guarantee (PG)—and they do it when the business file doesn’t prove strong, predictable repayment on its own. In this episode of Small Business Credit Minute w/ S.E. Day™, you’ll learn what underwriting is really looking for, the specific risk signals that trigger a PG, and the practical path to No-PG, limited PG, or PG burn-off by upgrading cash flow, compliance, and documentation. What You’ll Learn: - Why an LLC doesn’t stop a lender from requiring personal recourse - The underwriting “repayment stack” that determines PG vs No-PG - When lenders use collateral liens and PGs together - The realistic negotiation targets: limited PG, springing PG, and burn-off terms - The fastest file upgrades to reduce personal exposure Fast Takeaways - No-PG isn’t a request—it’s an underwriting outcome. - Lenders demand PGs when business cash flow, collateral, or documentation is weak. - The fastest path away from PG is predictable financial reporting + liquidity + KYB cleanliness. Fundability Fix (Do This Today) Reconcile your last 90 days of bank statements to your P&L. If your numbers don’t match your bank activity, underwriting will treat your file as higher risk—and your PG becomes the shortcut. Source (high-stakes rule reference) - SBA guidance: individuals owning 20% or more must provide an unlimited personal guaranty (SBA Form 148 page header).

📣 New Podcast! "Your LLC Won't Protect You: Why Lenders Demand a Personal Guarantee (And How to Remove it)" on @Spreaker #businesscredit #businesscreditcards #businessloans #lending #llc #personalguarantee #sandyday #seday

Start-up lending surge led by personal guarantee insurance UK start-up loan demand rises as PG insurance uptake grows. A growing number of start-ups are securing finance with personal guarantee backed loans, as new data points to increased risk appetite and lender support among early-stage UK businesses.

PG-backed lending to start-ups has more than doubled in a year. New Q2 data shows younger UK businesses are borrowing more — and protecting themselves. #StartUps #SMEfinance #PersonalGuarantee

We see MANY folks who experience valid worry, stress, concern, and confusion with this EIDL issue.
Trevor breaks it down.

#SBA #EIDL #PersonalGuarantee

youtu.be/thh4elgfl_M?...

Instead of trying to get around the PG, find a business you're willing to PG for.

#SBA #SBALoan #ConventionalLoan #ETA #SMB #BusinessAcquisition #PersonalGuarantee

People of Bluesky!!!... the fantastic Julia Duffy has stepped on board and we are all better for it. #personalguarantee