Many small business loans require the business owner to sign a personal guarantee. Learn about the risks of personally ...

Running a business is a stressful pursuit, especially if you have to put up a personal guarantee to get your business credit card. When you personally guarantee your company's credit card debt, you're ...

PGI Canada Ltd., in partnership with Purbeck Insurance Services and Markel International Insurance Company Limited (Canadian Branch), today announced the launch of PGicover, Personal Guarantee ...

With the worldwide economy starting to slow down, and folks at home here at taking a more protective approach to their business, we have again reached that time when I start to get calls from real ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader ...

Taking out a loan can keep your business running smoothly and allow it to scale, but there's one potential catch: Lenders may require a personal guarantee. In most cases, you should plan to sign a ...

In better times, the personal guarantee was a mere formality — a signature on a piece of paper meant to show good faith, rarely expected to be enforced. But in 2025’s reality of underwater multifamily ...

Personal guarantees have long been a fixture in SME lending, providing lenders with an added layer of security to offset the inherent risks of financing small and growing businesses. For many ...

Business failure has historically been a risk insurance carriers have assiduously avoided. Other than trade-credit insurance and limited credit-enhancement policies, the risk of default of a business ...

If you own a small business, you are probably used to separating your business and personal finances. But the two may intertwine when you take out a business credit card if the issuer requires a ...

If you’re applying for a business loan, it’s likely you’ll be asked for a personal guarantee. While this is typical of small business loans, it’s important to understand precisely what a personal ...