personal guarantee definition

personal guarantee definition

Glossary: personal guarantee

Personal Guarantee is an agreement in which a principal of a corporation assumes personal liability for the obligations of the corporation.


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Business Consulting

Definition: personal guarantee

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The balance, less charges, is paid when the customer makes payment directly to the factor.

Factoring Glossary - Define: personal guarantee - 2004 HJ Ventures International, Inc.