Guide
Every product here requires a personal guarantee from an owner holding 50% or more.
✓ Checking what you qualify for does not affect your credit score.
It makes you personally liable for the balance if the business cannot pay. Incorporation does not shield you from a debt you personally guaranteed.
It is not the same as a confession of judgment, which waives your right to contest before a judgment is entered. Read for both separately.
Rarely at this size. Unsecured working capital under $350,000 is guaranteed essentially everywhere. No-guarantee facilities generally mean heavy collateral or a corporate card programme with a much higher credit bar.
Whether the guarantee is limited or unlimited, whether it survives a sale of the business, and whether a confession of judgment is attached.
Yes, from an owner with 50% or more ownership.
That is a separate clause and should be read separately from the guarantee.
Not from a debt you personally guaranteed.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
