Guarantee Agreement

This Guarantee Agreement, between a guarantor and a creditor, is used to encourage a creditor to extend credit to a third party ("the customer"). The guarantor guarantees the prompt payment of all sums due to the creditor by the customer. The liability of the guarantor may be unlimited or limited to a maximum amount. In the event of default by the customer, the agreement states that the creditor shall not be required to exhaust its remedies as against the customer prior to enforcing its rights under the guarantee against the guarantor. The agreement may be terminated by the guarantor by giving 14 days notice to the creditor.

The document is suitable for us in England, Wales and Scotland and allows you to provide details of:

• creditor
• guarantor
• customer
• amount of guarantee
• liability of guarantor
• termination.

This document is available individually or as part of a Full Annual Subscription - giving you access to all Clickdocs documents, packages and forms for a single annual fee.

You can view a sample document here.

The price for this document is £14.10 (Word Document) or £21.15 (Word Template) including VAT.

How to order

Choose the format of your Guarantee Agreement: Word Document (.doc) or Word Template (.dot)