What to do before signing a personal guarantee

02/14/2013 | Small Business Trends

You may need to sign a personal guarantee, which uses your personal assets as collateral, to get a commercial loan, writes James R. Coughlin of Asterisk Financial. But before signing such a guarantee, you should determine how much risk you are comfortable with and negotiate for more favorable terms. For example, you might ask to be relieved of the guarantee after you repay a certain amount of the loan.

View Full Article in:

Small Business Trends

Published in Briefs:

SmartBrief Job Listings for Business

Job Title Company Location
Human Resource Director
Confidential
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Administrative Management Specialist
Smithsonian Institute
Washington, DC