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    USA Unconditional Guarantee


    When you loan money to a business, you want some assurances that the loan will be repaid even if the business does not survive. Get a shareholder, partner or proprietor of the business to execute this Unconditional Guarantee as security.

    • The Guarantee sets out the guarantor's obligation to repay the loan in the event that the borrower defaults.
    • The guarantor waives all of his/her rights with respect to notices of default or demand, and any rights regarding redemption or disposition of collateral.
    • The guarantor must preserve the collateral pledged under the guarantee.
    • The guarantor agrees to pay all of lender's costs to enforce the guarantee.
    • This legal template is solely for use in the United States.

    Buy and download the Unconditional Guarantee template, and get it signed with each business loan you make.

    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 7295