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Subject:
Item Title: What is a Personal Guarantee and Should I Grant One?
Summary: Lenders like collateral. In fact, they like as much as they can get. If you aren't careful, you can wind up exposing more of your assets than necessary or even desirable. Here's a look at steps you can take to limit liability and protect assets when a lender requires that you, your co-owners, or directors provide a personal guarantee in order to get financing
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