In discussions with bankers,entrepreneurs should be prepared to personally guarantee the loan for their business.

Name: In discussions with bankers,entrepreneurs should be prepared to personally guarantee the loan for their business.
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Personal guarantees are often required by banks and other lenders as a way to ensure they will be repaid even if the business fails. It shows the lender that the entrepreneur is serious about their business and willing to take responsibility for its debts.

In Discussions with Bankers,entrepreneurs Should Be Prepared to Personally Guarantee