PG Funding, or Personal Guarantee Funding, refers to a financing arrangement in which an individual (usually a business owner) personally guarantees repayment of a loan or credit facility. This means that if the business is unable to meet its financial obligations, the lender can seek repayment from the individual's personal assets. PG funding is commonly used by small businesses or startups that may not have an established credit history or sufficient collateral to secure traditional loans. By providing a personal guarantee, the borrower enhances their credibility with lenders, potentially gaining access to larger loan amounts or better terms, as it reduces the lender's risk.