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Legal - Shareholder Guaranty of Corp Indebtedness
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Price: $9.99
At A Glance
This Word document is a guaranty from the shareholders of a general partnership to repay an advance from a third party irrespective of the company's performance.
Background
There may be times when, in order to get financing or other monies, the shareholders of a general partnership must guarantee to repay a third-party loan with interest. This generic agreement sets forth the loan terms and conditions, outlines the roles and responsibilities of the guarantors, the on-going nature of the need to repay the loan regardless of company performance, and more.
Benefits
Using this tool, you will have a ready-made shareholder guaranty agreement should you require a loan from someone outside the company.
Time ROI
It takes on average 12 hours to create a Shareholder Guaranty 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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