limited liability corporation

I plan on potentially going into business with a partner. My concern is that I have a lot more assets, and in a worse case scenario if this second operation doesn't go well the bank could still go after my assets to secure their interest? Or is there a way to set it up where he is responsible for his half of the loan and for me my half? I currently have a successful operation and the plan or idea is to open a second operation with he being part owner and operator. To complicate matters it is difficult for him to obtain his own loan of around 75k due to his credit. Any feedback or answers would be greatly appreciated.

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