Personal Guarantee Agreement

Personal Guarantee Agreement

100.00

A solidified and standardized personal guarantee agreement is one of the most important tools needed for establishing strong credit extension policies. This agreement allows your business to secure the credit you extend by holding the principal of that firm personally accountable for debts incurred. Should the credit applicant's business ever file for bankruptcy, this agreement allows your firm to still collect against the owner personally.

This is best used in conjunction with the other documents listed for purchase. A full collection of needed credit documents are provided as a single offering with a discount here.

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A solidified and standardized personal guarantee agreement is one of the most important tools needed for establishing strong credit extension policies. This agreement allows your business to secure the credit you extend by holding the principal of that firm personally accountable for debts incurred. Should the credit applicant's business ever file for bankruptcy, this agreement allows your firm to still collect against the owner personally.

This is best used in conjunction with the other documents listed for purchase. A full collection of needed credit documents are provided as a single offering with a discount here.