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Everett Kenyatta
  • Philadelphia, PA
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Silent Partner Obligations on Comm RE Financing

Everett Kenyatta
  • Philadelphia, PA
Posted Mar 5 2018, 05:35

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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