All free templates · Finance and lending

Personal guarantee

A business owner personally guaranteeing a company’s debt to a supplier, landlord or lender.

Use this templateOpens in Sealquill with the signature lines placed. Free plan, no card.

What you fill in

Creditor name
Guarantor name
Company name
Describe the contract or account
Maximum amount
30

Blanks are shown in [square brackets]. Edit the text in Sealquill before you send it; the PDF editor changes the real words.

Personal Guarantee

This Personal Guarantee is made between [Creditor name] (the "Creditor") and [Guarantor name] (the "Guarantor") as of the date of the last signature below.

1. Guarantee

The Guarantor guarantees to the Creditor the payment of everything [Company name] owes the Creditor under [describe the contract or account], up to [maximum amount].

2. How it works

If the company does not pay when due, the Guarantor will pay on written demand. The Creditor need not sue the company first.

3. Ending

The Guarantor may end this guarantee for future debts by [30] days’ written notice; debts that exist at that time stay guaranteed.

4. General

This agreement is governed by the laws of [state]. It is the entire agreement between the parties on its subject and may be changed only in writing signed by both. It may be signed electronically and in counterparts.

Creditor

Signature, name and date

Guarantor

Signature, name and date

More finance and lending templates

This template is a general starting point and is not legal advice. Laws differ from place to place and every situation is different: have a lawyer review anything important before you rely on it.

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Use this templateSigners need no account and can sign on a phone.