Are you looking for a business line of credit without a personal guarantee? Many people want a business line of credit, and don’t want to be on the hook if the business fails. If you’re looking for a business line of credit, and don’t want to sign a personal guarantee – this article can educate you on what to do, what to look for, and what options you have.

First and foremost, why do lenders want a personal guarantee? The answer is simple: they have no collateral for your business line of credit, and they’re trying to make sure they can recover their money somehow. By signing a personal guarantee, you are assuring the lender YOU will make sure you will pay the loan back.

Is it possible to get a business line of credit without personal guarantee?

Yes, it’s possible. In order to do so, you will need to offer some form of collateral.

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
Leo
$125,000 Small Business Loan
"Thanks for funding me in literally 24 hours"
Jason
$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
Mary
$250,000 Hard money Loan

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
Funding Circle

What Is Funding Circle? In Funding Circle, business owners who…

What’s a SOLE PROPRIETORSHIP

In today’s society, it appears that many people are looking…

A Step by Step Guide to Incorporating a Business

Your business can never flourish without being incorporated, as there…

Free Payroll Software
Best Payroll Software For Small Business

This article is about what is the best payroll software…

Delancey Street understands funding like no one else!
Steven Norris
Get Funding Today

Ready To Get Started?

If you have questions, feel free to shoot us an email, or fill out our live chat.

Apply Now