
Loan Guaranty
While non-recourse financing is available in the market, in certain circumstances, borrowers will need to provide a personal guaranty to a lender to obtain financing and/or facilitate a workout on an existing loan. In either case, if you need to provide your lender with a personal guaranty but are unable to do so, we can provide or facilitate a loan guaranty, in exchange for any one or more of the following:
- A one-time guaranty fee to be paid at closing;
- A recurring guaranty fee to be paid on a monthly basis, and/or
- Equity participation in your project.
In many instances, the cost of obtaining a loan guaranty is effectively “cost-neutral” because you may qualify for a lower cost loan or are able to have your lender agree to certain loan concessions in a workout by being able to offer your lender with a high net worth loan guarantor.
If you have a situation where you think a loan guarantor may be helpful, please contact Ron Zimmerman at (513) 621-1031, online chat on this web site, or e-mail us with a summary of your project and financing requirements.