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Removing the stress from signing a personal guarantee

Posted by Pete Faulkner on Jul 26, 2018 12:17:00 PM

What is a personal guarantee and do lenders actually call them in?

A personal guarantee is a contract between a creditor, usually a lender, and an individual, normally a director or shareholder of a company.

 

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Topics: #personalguarantee, #personalguaranteeinsurance, #commercial finance, commercial loan

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