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Updated about 7 years ago on . Most recent reply

Everett Kenyatta's profile image
Everett Kenyatta's profile image
Everett Kenyatta
  • from Philadelphia, Pennsylvania
  • Member since Feb 13, 2018
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Everett Kenyatta's profile image
Everett Kenyatta's profile image
Everett Kenyatta
  • from Philadelphia, Pennsylvania
  • Member since Feb 13, 2018
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Everett Kenyatta
  • Philadelphia, PA
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Goals, Business Plans & Entities

Silent Partner Obligations on Comm RE Financing

Everett Kenyatta
  • Philadelphia, PA
Posted

I'm setting up a deal to bring on a silent partner at 49% ownership for a daycare business and my business plan has the daycare purchasing locations over the next 5 years.  Is a lender going to require the silent partner to obligate himself because he's a 49% owner?

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