Depending on the size of the facility we will sometimes require personal guarantees. We typically require at least a validity guarantee, which makes certain promises regarding the state of your receivables including:
- Valid for products delivered or work completed
- Not already pledged to another creditor
- Is collectible
However, we have funding partners that do not require personal or validity guarantees. Let us know if you would like to learn more, we’re happy to provide more details.
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