❗ Loan guarantee

About this category

A loan guarantee is a promise by one party to assume responsibility for the debt obligation of another party if that party defaults on its loan. The party guaranteeing the loan is typically a bank, government agency, or insurance company.

❗ Loan guarantee

templates

Director's Certificate of Guarantee

A director's certificate is a standard form document provided by a director of a company that is a borrower or that is giving a guarantee or other security under a loan facility agreement.

What to watch out for

  • A standard form director's certificate (also known as an officer's certificate) to be provided by a director of a company that is a borrower or that is giving a guarantee or other security under a loan facility agreement.
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