What Does “No Personal Guarantee” Really Mean?
Most business owners use their personal credit and a personal guarantee for most of their business debts. This causes a big problem as the business owner then becomes liable for the business debts.
Most business owners use their personal credit and a personal guarantee for most of their business debts. This causes a big problem as the business owner then becomes liable for the business debts.
A great way for businesses to access money is through revenue-based financing. It’s also sometimes referred to as revenue participation or revenue sharing funding.