When your business needs some capital, a small business loan can be an excellent source of funding. If you have no collateral to offer or do not want to tie the loan to any collateral, lenders will look for other guarantees of repayment. There two possible choices: a personal guarantee or a business lien. A personal guarantee is usually the choice when there is only business owner or the company is new and un-established. Business liens can come in a variety of forms and are generally tied to the […]