3. Are there examples of borrowers who will not be required to provide guaranties?

Another way of phrasing the question is to ask: Are there examples of borrowers who can "stand on their own?" And the answer is: Of course, there are.

Take the 15-year-old radiology practice with a dozen physician owners, a strong cash-flow position, and a positive debt repayment historya lender will "kill" to provide a loan to an entity like that. The presumption is that the entity borrowing the money, especially when you add in the security interest that the lender will have in the equipment being acquired and whatever else is involved, will well be able to stand on its own without further guaranties of any kind.

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