Many individuals ask if they can get a small business loan without personal guaranty. This all depends on what the lending institution you are applying to for your small business loan. Because each institution has their own criteria and rules that there is no rule that says a personal guaranty will be required. Then there is also all the government grants and loans that one can take a look at where they may not necessarily need any type of personal guaranty or business guarantee.
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Small business government grants provided by the Ontario provincial government can differ from small business government grants offered elsewhere throughout Canada in several ways. However, …Read Full Answer