The business owner does provide a personal guarantee for the loan, but there is no lien on the owner's personal assets. (ondeck.com)
Unless your business is incorporated, your business credit card is linked to your personal credit, or the individual who provided the personal guarantee to the credit card company. (toptenreviews.com)
In addition, at the first stage you may be required to provide personal guarantees in case your business does not have a proven track of constant revenue flow. (badcreditloanservices.com)