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2. Personal guarantee - Wikipedia

   en.wikipedia.org/wiki/Personal_guarantee

   A personal guarantee is a promise made by a person or an organization (the guarantor) to accept responsibility for some other party's debt (the debtor) if the debtor fails to pay it. In the case of a personal guarantee made by an individual on behalf of another, the person who makes the personal guarantee is usually referred to as a co-signer ...

3. Letter of comfort (contract law) - Wikipedia

   en.wikipedia.org/wiki/Letter_of_comfort...

   A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.

4. Surety - Wikipedia

   en.wikipedia.org/wiki/Surety

   Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.

5. Parent company guarantee - Wikipedia

   en.wikipedia.org/wiki/Parent_company_guarantee

   A parent company guarantee (PCG) is a guarantee by a parent company of a contractor’s performance under its contract with its client, where the contractor is a subsidiary of the parent company. [1] It is mandatory for all the companies to mention about the guarantees granted as a note in their accounts because it is a risk for the company.

6. Demand guarantee - Wikipedia

   en.wikipedia.org/wiki/Demand_guarantee

   The beneficiary of the guarantee must first prove the obligor's default before the guarantor becomes liable to pay. The guarantor may raise any legal defences which are available to the obligor. Thus if the contract giving rise to the underlying obligation is void, the guarantor may also avoid its obligations under the guarantee. Additionally ...

7. Types of unsecured business loans - AOL

   www.aol.com/finance/types-unsecured-business...

   Unsecured business loans may still require you to sign a personal guarantee, backing the loan with your personal assets. Unsecured business loans help companies borrow money without having to ...