Building a Blue Collar Empire
Acquiring Minds
00:00
The Importance of Personal Guarantees in PE
Simpson: I had the wrong view, but I looked at it a little differently. He says he was blown away that you could do LTVs of 90% in the SBA space. The idea of like a personal guarantee also gave him pause when he first learned about it. "It was something that needed to be talked about more than just like a snap decision," Sims says.
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