From 5f756a2ba5574d0a02a3c3cb65c5b9bd3c67e1ed Mon Sep 17 00:00:00 2001 From: Deeman Date: Sat, 28 Feb 2026 21:34:06 +0100 Subject: [PATCH] editorial: review + improve padel-hall-financing-germany-en (C6) MIME-Version: 1.0 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 8bit - Add bridge sentence before Personal Guarantee section — this key topic was abrupt without introduction; now connects cleanly from the debt structure discussion above Co-Authored-By: Claude Sonnet 4.6 --- data/content/articles/padel-hall-financing-germany-en.md | 2 ++ 1 file changed, 2 insertions(+) diff --git a/data/content/articles/padel-hall-financing-germany-en.md b/data/content/articles/padel-hall-financing-germany-en.md index 60ec212..67adadb 100644 --- a/data/content/articles/padel-hall-financing-germany-en.md +++ b/data/content/articles/padel-hall-financing-germany-en.md @@ -121,6 +121,8 @@ Every state has a development bank: Investitionsbank Schleswig-Holstein, Thürin ## Personal Guarantee Reality: Don't Avoid This Conversation +Once the debt structure is in place, there is one more item that belongs in every financing conversation — and that is too often skipped until the term sheet arrives. + German banks financing a padel hall through a standalone project company will almost always require **persönliche Bürgschaft** (personal guarantee) from the founders. This means your personal assets — home, savings, existing investments — are at risk if the business fails. Three ways to limit this exposure: