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	Legal - Guaranty and Pledge Agreement
	Rating:		Price: $9.99
	At A Glance
	This Word document is to be used when one or more persons assume the responsibility for all the loan terms and conditions of a third party.
	Background
	There may be times when a bank refuses to enter into a loan agreement and authorize an advance unless the payback of the loan is guaranteed by others. This generic document outlines the roles and responsibilities of the guarantors, sets forth how the loan will be secured, the terms and conditions of the loan, what happens in the event of a loan default, and more.
	Benefits
	Using this tool, you will have a ready-made guaranty and pledge agreement should you require someone outside the company to attest to your company's credit worthiness and pledge to make good on all the terms and conditions of the loan.
	Time ROI
	It takes on average 12 hours to create a Guaranty and Pledge Agreement. By using MyWorkTools.com, you will save approximately 10 hours since all you have to do is input your company specific information.

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