"While new financing options are emerging, personal guarantees in small business loans remain common. Lenders still look for added layers of assurance, particularly when lending to younger or higher-risk businesses. But there are circumstances where business loans with no personal guarantee are possible.
Go through this pdf to know more: https://www.slideserve.com/commandcredit01/do-business-loans-require-a-guarantor-here-s-what-lenders-expect-in-2025