Limited guarantor means the lender wants you to guarantee the top XX percent of the loan or guarantee the loan for XX years.
This is not a non-recourse loan. So you ARE putting your other assets at risk. That’s what commercial lenders do – they structure away the risk – for THEM. Not you.
You might ask a financial friend to put up the guarantee for a piece of the deal.
Ask the lender EXACTLY what they require. Don’t be shy. If the loan turns out to be one you don’t want, you’ll know more for the next time.
It’s free to ask the lender, but it costs $$ to ask a lawyer.
Keep us posted,