Phrases with «personal guarantor»

A personal guarantor is someone who agrees to take responsibility for another person's debt or obligations. If the person who owes money or has a duty fails to meet it, the personal guarantor will be legally obliged to fulfill the commitment instead. Full definition

personal (parent phrase)
guarantor (parent phrase)

personal guarantor

Sentences with «personal guarantor»

Similar to foreign nationals and foreign corporations: properties and portfolios to be owned by Corporations & LLCs will have a completely different bank funding process (while still probably leaving the owners on the hook as personal guarantors anyway). (glassridge.com)
A small business credit card account can always be opened in the name of a personal guarantor — that is a person, instead of a business. (valuepenguin.com)
The account will require a personal guarantor who will be responsible for all debts. (valuepenguin.com)
(see all sentences)

Phrases with «personal guarantor»

Sentences with «personal guarantor»

See also