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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. Do Personal Guarantees Affect Credit Scores? - AOL

   www.aol.com/finance/personal-guarantees-affect...

   A personal guarantee means you personally promise that a debt will be paid back. If you sign a personal guarantee on a business loan, you are responsible for paying back the money if the business ...

4. Guarantee - Wikipedia

   en.wikipedia.org/wiki/Guarantee

   A personal guarantee, by contrast, is often used to refer to a promise made by an individual which is supported by, or assured through, the word of the individual. In the same way, a guarantee produces a legal effect wherein one party affirms the promise of another (usually to pay) by promising to themselves pay if default occurs.

5. Should You Sign a Personal Guarantee for a Business Loan? - AOL

   www.aol.com/news/sign-personal-guarantee...

   Taking out a loan can keep your business running smoothly and allow it to scale, but there's one potential catch: Lenders may require a personal guarantee. In most cases, you should plan to sign a ...

6. Surety - Wikipedia

   en.wikipedia.org/wiki/Surety

   In finance, a surety / ˈ ʃ ʊər ɪ t i /, surety bond, or guaranty involves a promise by one party to assume responsibility for the debt obligation of a borrower if that borrower defaults. 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 ...

7. How to get a small business loan without collateral

   www.aol.com/finance/small-business-loan-without...

   Personal credit score: You will need a strong personal credit score of at least 670 for the best chance of approval. Some lenders approve 600 credit scores, and a few go as low as 500, though loan ...