“For many people, that’s just too much risk. They are willing to take the risk of buying a business and being a business owner, but not risking their own assets. So many cases, too, the buyer is not a U.S. resident, which is something that happens with online businesses, and the loan is based on tax returns.”

https://techcrunch.com/2022/09/01/boopos-58m-small-business-ma-lending/