How to De-Risk the Personal Guarantee | Brendan Burdette and Ryan Conner Interview

Synopsis

Brendan Burdette and Ryan Conner describe BRIC, a startup offering personal guarantee insurance for SBA business buyers. The product aims to reduce personal-risk exposure for borrowers, with discussion of default scenarios, 50% coverage, lender permission, underwriting metrics, delegated authority, multiple guarantors, and seller rollover rules.

Ideas in this episode

• Zero-down business acquisition

  Brendan Burdette and Ryan Conner describe BRIC, a startup offering personal guarantee insurance for SBA business buyers. The product offers 50% coverage and aims to reduce personal-risk exposure for small business acquirers.