equity vs non equity partner

[Takiyah Riley]

Hello everyone,

Could someone be so kind and explain to me the difference with a non-equity partner vs an equity partner? 

Thanks in advance

[Taylor L.]

In my world of syndications we would refer to an equity partner as someone whose contribution to the deal is solely comprised of their bringing funds to the table. 

Non-equity partner is a less common term. Not sure I've ever heard it put that way. Typically everyone has some cash invested in the deals I do. I would assume a non-equity partner is someone whose contribution is just their labor. However, they should still have equity.